DSV, 900 - INTERIM FINANCIAL REPORT H1 2021

Company Announcement No. 900Selected key figures and ratios for the period 1 January – 30 June 2021(DKKm)Q2 2021Q2 2020YTD 2021YTD 2020      Key figures and ratios     Revenue37,83128,78271,44756,091Gross profit8,3337,38616,11814,070Operating profit (EBIT) before special items3,5712,6136,6384,179Profit after tax2,5271,3904,8561,721     Adjusted earnings for the period...

Hedehusene, 29/07/2021 (informazione.news - comunicati stampa - trasporti)

Company Announcement N o. 900

Selected key figures and ratios for the period 1 January – 3 0 June 2021

Jens Bjørn Andersen, Group CEO: “ We are proud to report strong result s for the first six months of 2021, where we deliver an EBIT result equivalent to our full-year EBIT of 2019. This is a clear testament to the successful integration of Panalpina and a strong performance by our organisation in an extraordinary market environment. The logistics markets continue to be characterised by tight capacity, congestion and low visibility , and we are doing our best to find solutions for our customers and keep their supply chains flowing.

We still expect to close the Agility Global Integrated Logistics transaction in Q3 2021. The preparations for the integration are tracking the plans , and we look forward to combin ing the two global networks and creat ing an industry leader in logistics . ”

Outlook for 202 1

Based on the strong financial performance for the first six months of 2021 and a positive outlook for the remainder of the year, we upgrade the full-year outlook for 2021 as follows:

The financial outlook for 2021 is for DSV Panalpina stand-alone and excludes the impact from the acquisition of Agility's Global Integrated Logistics business. The financial outlook will be updated upon closing, which is expected in Q3 2021.

Share buyback

A separate company announcement about the launch of a new share buyback programme of up to DKK 4,000 million will be issued today. The programme will run until 25 October 2021 or earlier if finalised.

Contacts

Investor Relations: Flemming Ole Nielsen, tel. +45 43 20 33 92, flemming.o.nielsen@dsv.com
Investor Relations: Mads Kristian Hofmeister, tel. +45 43 20 33 88, madskristian.hofmeister@dsv.com
Investor Relations: Daniela Veleva, tel. +45 43 20 33 87, daniela.veleva@dsv.com
Media: Maiken Riise Andersen, tel. +45 43 20 30 74, maiken.r.andersen@dsv.com  

Yours sincerely,
DSV Panalpina A/S

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