DSV Financial Performance
Outlook 2023
(DKKm)
EBIT before special items
Effective tax rate
Main assumptions
.
Outlook 2023
Actual 2022
16,000-18,000
24.0%
25,204
23.9%
We expect the negative development in freight volumes to continue in the first part of 2023 and that markets will gradually recover in the second half of the year.
•
We have assumed declines in air and sea freight volumes of 2-5% for the full year. As supply chain disruptions ease, we expect a decline in gross profit yields
of around 20-25% compared to the average level in 2022.
•
For Road and Solutions, we expect that markets will be flat or decline by low single digits in 2023.
•
Across all divisions our aim of taking market share remains intact.
•
We continue to monitor activity levels closely and adjust our capacity and cost base accordingly.
We assume currency exchange rates will remain at the current level (1 February 2023).
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