DSV Financial Performance
Sea freight Q4 2022
DSV TEUS, '000
Gross profit/TEU, DKK
6,549
6,379
5,904
4,905
5,133
706
668
691
681
•
626
Management commentary
•
•
•
2022 was a year with extreme rate
volatility from record-high and back to
close to pre-pandemic levels.
The negative development in global
container volumes accelerated in Q4-
22. No real pick-up in activity prior to
Chinese New Year.
Asia-Europe and Trans-Pacific were the
weakest trade lanes during most of
2022.
Yields declined towards the end of 2022
as supply chain disruptions and port
congestion eased.
Q4-21
Q1-22
Q2-22
Q3-22
Q4-22
FY-22
Volume growth sea
DSV including M&A
29%
15%
20%
7%
(11%)
7%
DSV organic (estimate)
1%
(7%)
(5%)
(4%)
(11%)
(7%)
Market estimate
(3-0%)
(3-7%)
(3-5%)
(4-6%)
(9-11%)
(5-7%)
7
DSV's volume growth was impacted by the addition of GIL in the period Q3-21 to Q3-22.View entire presentation