Independent journal on economy and transport policy
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DSV Panalpina stores a record year
Decrease in volumes expected by air and sea in the last quarter
February 11, 2021
In the last quarter of 2020, the group recorded an EBITDA of 3.6 billion Danish kroner (+25.0%), with a contribution of 2.0 billion from air and sea shipments (+33.2%), of 640 million from road shipments (+22.1%) and 873 million from the other activities (+15.8%). Operating profit was equal to 2.6 billion Danish kroner (+46.6%), of which 1.8 billion from shipments by air and sea (+49.8%), 420 million from road shipments (+54.4%) and 456 million from other activities (+34.1%). Net profit was 1.2 billion kronor (+169.7%).
The DSV Panalpina Group closed the entire annual financial year 2020 with record revenues of 115.9 billion Danish kroner, with an increase of +22.4% on the previous year, marking new revenue records generated by air and sea shipments, amounted to 73.7 billion (+44.1%), and other amounted to 14.6 billion (+1.5%), while revenues from road shipments fell by -3.9% to 30.4 billion. EBITDA and EBIT reached values record 13.6 billion Danish kroner respectively (+31.7%) and 9.5 billion (+43.1%), with a contribution of 7.00 billion air and sea shipments (+55.9%), 1.4 billion from road shipments (+11.1%) and 1.2 billion from other assets logistics (+14.6%). New record also for net profit that is 4.3 billion Danish kroner (+14.9%).
While in the whole of 2020 the volumes of shipments moved by the group by air and which were almost 1.3% respectively. million tonnes (+18.8%) and 2.2 million teu containers (+15.6%), on the other hand, in the last quarter of the year, decreased with 325,000 tons of loads aired (-26.5%) and with 548,000 containers transported by sea (-13.7%).
The Danish logistics group plans to end the financial year 2021 with an EBIT before the extraordinary items between 10.5 billion and 11.5 billion Danish kroner.
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In the last quarter of 2020, the group recorded an EBITDA of 3.6 billion Danish kroner (+25.0%), with a contribution of 2.0 billion from air and sea shipments (+33.2%), of 640 million from road shipments (+22.1%) and 873 million from the other activities (+15.8%). Operating profit was equal to 2.6 billion Danish kroner (+46.6%), of which 1.8 billion from shipments by air and sea (+49.8%), 420 million from road shipments (+54.4%) and 456 million from other activities (+34.1%). Net profit was 1.2 billion kronor (+169.7%).
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
