DSV Financial Performance
P&L details - Road and Solutions
Road (DKKm)
FY 2018
FY 2019
FY 2020
Q1 2021
Q2 2021
Q3 2021
Q4 2021
FY 2021
Q1 2022
Q2 2022
Q3 2022
Q4 2022
FY 2022
Divisional revenue
Direct costs
31,243
31,621
30,395
8,056
8,663
8,783
9,914
35,416
10,188
10,835
10,406
10,078
41,507
25,935
25,465
24,257
6,399
6,895
7,038
7,989
28,321
8,250
8,761
8,417
8,168
33,596
Gross profit
Other external expenses
Staff costs
5,308
6,156
6,138
1,657
1,768
1,745
1,925
7,095
1,938
2,074
1,989
1,910
7,911
1,326
1,060
1,021
258
272
282
310
1,122
341
373
342
369
1,425
2,706
2,864
2,799
742
779
761
867
3,149
871
904
895
873
3,543
EBITDA before special items
1,276
2,232
2,318
657
717
702
748
2,824
726
797
752
668
2,943
Depreciation of right-of-use assets
862
828
236
220
196
206
858
205
202
193
185
785
Amortisation and depreciation of owned assets
129
119
100
18
21
41
29
109
23
29
34
32
118
EBIT before special items
1,147
1,251
1,390
403
476
465
513
1,857
498
566
525
451
2,040
Gross margin, %
17.0
19.5
20.2
20.6
20.4
19.9
19.4
20.0
19.0
19.1
19.1
19.0
19.1
Operating margin, %
3.7
4.0
4.6
5.0
5.5
5.3
5.2
5.2
4.9
5.2
5.0
4.5
4.9
Conversion ratio, %
21.6
20.3
22.6
24.3
26.9
26.6
26.6
26.2
25.7
27.3
26.4
23.6
25.8
Number of full-time employees (end of period)
12,850
13,644
14,003
14,222
15,503
16,942
16,888
16,888
17,001
16,484
16,496
16,701
16,701
Solutions (DKKm)
FY 2018
FY 2019
FY 2020
Q1 2021
Q2 2021
Q3 2021
Q4 2021
FY 2021
Q1 2022
Q2 2022
Q3 2022
Q4 2022
FY 2022
Divisional revenue
13,229
14,390
14,608
3,609
3,997
4,739
6,389
18,734
6,162
6,182
5,841
6,224
24,409
Direct costs
10,194
9,421
9,239
2,261
2,620
3,022
4,178
12,081
3,840
3,858
3,516
3,877
15,091
Gross profit
Other external expenses
Staff costs
3,035
4,969
5,369
1,348
1,377
1,717
2,211
6,653
2,322
2,324
2,325
2,347
9,318
955
1,088
1,089
281
297
348
412
1,338
423
405
448
483
1,759
1,141
1,306
1,449
377
377
418
492
1,664
525
552
600
577
2,254
EBITDA before special items
939
2,575
2,831
690
703
951
1,307
3,651
1,374
1,367
1,277
1,287
5,305
Depreciation of right-of-use assets
1,326
1,422
369
359
378
440
1,546
461
486
525
595
2,067
Amortisation and depreciation of owned assets
230
236
248
58
66
87
119
330
124
128
139
146
537
EBIT before special items
709
1,013
1,161
263
278
486
748
1,775
789
753
613
546
2,701
Gross margin, %
22.9
34.5
36.8
37.4
34.5
36.2
34.6
35.5
37.7
37.6
39.8
37.7
38.2
Operating margin, %
5.4
7.0
7.9
7.3
7.0
10.3
11.7
9.5
12.8
12.2
10.5
8.8
11.1
Conversion ratio, %
23.4
20.4
21.6
19.5
20.2
28.3
33.8
26.7
34.0
32.4
26.4
23.3
29.0
Number of full-time employees (end of period)
20,025
22,777
21,478
22,188
22,814
32,007
31,866
31,866
31,845
31,730
32,588
32,077
32,077View entire presentation