DSV, 841 - INTERIM FINANCIAL REPORT Q3 2020

Company Announcement No. 841Selected key figures and ratios for the period 1 January - 30 September 2020 (DKKm)Q3 2020Q3 2019YTD 2020YTD 2019      Key figures and ratios     Revenue28,12524,52184,21664,579Gross profit7,2526,27121,32216,670Operating profit (EBIT) before special items2,7251,7856,9044,870Special items, costs4531721,479191Profit after tax1,3371,1493,0583,261     ...

Hedehusene, 29/10/2020 (informazione.news - comunicati stampa - trasporti)

Company Announcement No. 841

Selected key figures and ratios for the period 1 January - 30 September 2020

 

 

Jens Bjørn Andersen, Group CEO: “In the third quarter of 2020, all three divisions delivered results above our expectations. Market conditions have been better than anticipated across most of our markets, and at the same time we benefit from efficient cost management. We are happy to announce that all material aspects of the Panalpina integration have now been successfully completed and we can now intensify the focus on organic growth .”

Outlook for 2020

Based on the financial performance for the first nine months of 2020, guidance for full-year 2020 is updated as follows:

             
The guidance is based on assumptions of a continued gradual improvement of the freight markets with no further material disruptions of global supply chains.

Share buyback

A separate company announcement about the launch of a new share buyback programme of up to DKK 6,000 million will be issued today. The programme will run until 30 April 2021 or earlier if finalised.

Contacts

Investor Relations
Flemming Ole Nielsen, tel. +45 43 20 33 92,   flemming.o.nielsen@dsv.com
Frederikke Anna Linde, tel. +45 43 20 31 95,  frederikke.a.linde@dsv.com
Mads Kristian Hofmeister, tel. +45 43 20 33 88,   madskristian.hofmeister@dsv.com

Media

Maiken Riise Andersen, tel. +45 43 20 30 74,  maiken.r.andersen@dsv.com  

Yours sincerely,
DSV Panalpina A/S

Attachment