DSV group posts continuously positive results

Danish transport and logistics group DSV defies the margin pressure of international forwarding business in the 2011 financial year

For the Danish transport and logistics group DSV the 2011 fiscal year was marked by an increase in sales revenues and in operating results, in a highly competitive environment. For the reporting period the company posts a turnover of DKK 43.7 billion (2010: DKK 42.56 billion).

Operating profit before special expenses was DKK 2.43 billion, after DKK 2.2 billion in 2010. The annual net profit was DKK 1.45 billion (2010: DKK 1.19 billion). For 2012, the management expects a further improvement in operative results.

In its divisions Air & Sea, Road and Solutions DSV employed 21,678 staff located in more than 60 countries worldwide, including Austria. Sea freight business amounted to a total volume of 722,861 TEU. In the air freight forwarding unit 262,362 tons of goods were moved. Sales in the Air & Sea division amounted to DKK 18.92 billion or by 2.5 per cent below the figure of 2010. The Solutions division posted a 2.5 per cent sales increase to DKK 5 billion, the Road division improved by 6.3 per cent to DKK 22.64 billion.

Quelle: LogEastics
Portal: www.logistik-express.com

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