DSV Q3 2023 Financial Performance and NEOM Joint Venture Update

Narrowed outlook for 2023 (DKKm) EBIT before special items Effective tax rate Updated outlook Previous outlook Actual 2022 17,500-18,500 17,000-18,500 25,204 25.0% 25.0% 23.9% Main assumptions for Q4-23 We assume volume trends (year on year) will be similar to or better than Q3 2023. As market normalisation continues, we expect further decline in gross profit yields for air and sea compared to Q3 2023 levels. • Currency exchange rates will remain at current levels. 12 22

View entire presentation