DSV, 556 - Interim Financial Report H1 2014

Udgivet den 30-07-2014  |  kl. 07:33  |  

Company Announcement No. 556   30 July 2014 Selected financial and operating data for the period 1 January - 30 June 2014    

(DKKm)   Q2 2014 Q2 2013 YTD 2014 YTD 2013
Net revenue              12,162            11,406            23,764            22,387
Gross profit                2,608              2,553              5,073              4,957
EBIT before special items                   701                 680              1,247              1,189
Operating margin   5.8% 6.0% 5.2% 5.3%
Conversion ratio   26.9% 26.6% 24.6% 24.0%
Special items, net                        -                   23                 300                   25
Profit before tax                   626                 576                 787              1,014
Adjusted earnings for the period                   493                 465                 866                 817
Adjusted free cash flow                       760                 674
Diluted adjusted earnings per share of DKK 1 for the period                  2.83                2.60                4.92                4.57

Jens Bjørn Andersen, CEO: “We maintained the positive growth trend in number of shipments in all our business areas in the second quarter of 2014. We are gaining market share in a highly competitive market and are seeing a positive development in both earnings and cash flow despite an adverse currency effect. The earnings growth owes to our global air and sea freight activities, which reported top line growth and increased productivity. The European road freight and contract logistics markets are characterised by fierce price competition, which had an impact on our earnings in these business areas. The development in earnings and cash flow shows that the streamlining and cost management initiatives we have launched in 2014 were well-timed and will help fortify DSV’s position among the most profitable global providers of freight forwarding services. We still see good possibilities for growth, both organically and through acquisitions.” DSV maintains its full-year outlook for 2014 previously announced. However, operating profit before special items is expected to be in the range of DKK 2,550 - 2,700 million against the previous outlook of DKK 2,500 - 2,700 million. A separate company announcement about the launch of a new share buyback programme of DKK 400 million will be issued today. Inquiries relating to the Interim Financial Report may be addressed to: Jens Bjørn Andersen, CEO, tel. +45 43 20 30 40 Jens H. Lund, CFO, tel. +45 43 20 30 40 Flemming Ole Nielsen, Director Investor Relations, tel. +45 43 20 33 92 or by email to investor@dsv.com               This announcement is available on the Internet at www.dsv.com. The announcement has been prepared in Danish and in English. In the event of discrepancies, the Danish version shall apply.   Yours sincerely, DSV A/SVedhæftede filer:556 - Announcement (30.07.2014) - Interim Financiel Report H1 2014.pdf

Udgivet af: NPinvestordk

Seneste nyheder

17:48 Europa/aktier: AI-bekymringer blev opvejet af kemikalieoptimisme i fladt marked
17:21 Novo sagsøgt af investor efter data fra fedmeforsøg med Cagrisema
17:06 Mandagens aktier: Novonesis og Pandora sørgede for grønt C25 trods AI-tumult - KORR
17:03 Mandagens aktier: Novonesis og Pandora sørgede for grønt C25 trods AI-tumult
17:01 Mandagens obligationer: Lille rentefald efter falmet AI-hype og bedre tysk erhvervstillid
16:52 Kemivirksomheder i fremgang på dobbelt løft af anbefaling fra JPMorgan
15:45 Nvidia saves over fra start: Aktie trykkes ned med tæt på 12 pct. af kinesisk AI-robot
15:37 Visma har fået tilsagn nok til at tage dansk signeringtjeneste af børsen
15:37 USA/åbning: Nvidia og GE Vernova får mavepuster af kinesisk AI-robot
15:09 Schweizisk investeringsbank sætter gang i hundredvis af fyringer i spareplan
14:54 USA/tendens: Kinesisk AI-robot sender Nvidia og teknologi i dybet
14:22 Amerikansk techaktier sendes i hullet af kinesisk AI-konkurrence
13:47 Europa/aktier: Deepseeks AI-robot ødelægger humøret for teknologi- og energiinvestorerne
13:39 Hamas: Liste viser at 25 af 33 gidsler til frigivelse er i live
13:36 Valutahandlerne sejler i sikker havn i Japan og Schweiz
13:25 Mineselskab udnævnt som muligt opkøbsmål i 2025
13:11 Grønlandsbanken: Bestyrelsesmedlem er afgået ved døden
12:36 Telegiganten AT&T slår forventningerne i fjerde kvartal efter stor kundetilvækst
12:22 EU forlænger sanktioner mod Rusland i yderligere seks måneder
12:03 Danske Bank efter technedtur: Regnskaber fra giganter kan vende stemningen