- DSV projects full-year EBIT before significant items between DKK19.5 billion and DKK21.5 billion, with an estimated figure of DKK19.62 billion.
- Second quarter EBIT before significant items was DKK4.73 billion, marking a 15% year-over-year increase, slightly below the estimated DKK4.9 billion.
- Air & Sea segment reported EBIT before items at DKK3.46 billion, a 19% year-over-year increase, surpassing the estimate of DKK3.42 billion.
- Road segment EBIT before items was DKK520 million, down 5.3% year-over-year, but slightly above the estimate of DKK517.6 million.
- Solutions segment EBIT before items stood at DKK724 million, up 9.5% year-over-year, just below the expected DKK728.8 million.
- Revenue totaled DKK61.98 billion, a 51% year-over-year growth, falling short of the DKK63.67 billion estimate.
- Air & Sea revenue reached DKK34.48 billion, a 40% year-over-year increase, exceeding the DKK31.57 billion estimate.
- Road revenue was DKK20.67 billion, up 96% year-over-year, higher than the DKK17.8 billion estimate.
- Solutions revenue was DKK10.05 billion, a 45% year-over-year rise, surpassing the estimate of DKK9.35 billion.
- Gross profit totaled DKK17.24 billion, up 59% year-over-year, above the DKK15.87 billion estimate.
- Operating margin decreased to 7.6% from 10% year-over-year, aligning with the estimate of 7.58%.
- DSV notes a strong start to the Schenker integration with expected synergies of DKK500-600 million in 2025.
- DSV maintains a target of achieving DKK9 billion in annual synergies from the Schenker integration by the end of 2028.
- Total transaction and integration costs are expected to reach DKK11 billion, mainly occurring in 2026 and 2027.
- The company has negotiated a framework agreement with German works councils to support the Schenker integration.
- Projected tax rate for 2025 is 26-28%, previously anticipated at around 24%.
- Market sentiment remains positive with 22 buy recommendations, 2 holds, and no sells.
DSV A/S on Smartkarma
DSV A/S has attracted analyst coverage on Smartkarma from Baptista Research. In their report titled “DSV A/S – Game-Changing Integration & Strategic Expansion Signal Bold Growth Path!,” Baptista Research highlights DSV’s recent first-quarter results for 2025 and its notable acquisition of Schenker. This significant transaction has positioned DSV as a key player in the logistics sector, potentially enhancing its competitiveness through expanded global reach and improved service offerings. Baptista Research delves into various factors influencing DSV’s stock price in the near term and undertakes an independent valuation of the company utilizing a Discounted Cash Flow (DCF) methodology.
A look at DSV A/S Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
DSV A/S, the parent company for a group specializing in transport and logistics services, is showing a promising long-term outlook based on its Smartkarma Smart Scores. With a solid rating of 4 for Resilience and Momentum, the company appears well-positioned to weather market fluctuations and maintain its growth trajectory. Additionally, DSV A/S scored a respectable 3 in both the Value and Growth categories, indicating a balanced approach to capital appreciation and expansion opportunities within the industry. While the Dividend score of 2 suggests a moderate dividend payout, the overall outlook for DSV A/S remains positive, driven by its strengths in resilience and growth potential.
Operating across Europe, North America, and the Far East, DSV A/S offers a comprehensive range of transportation solutions, including truck, ship, and air transport, along with warehousing and logistics services. This diversified portfolio contributes to the company’s resilience, as reflected in its Smartkarma Smart Scores. Looking ahead, DSV A/S‘s focus on value, growth, and robust momentum positions it well for sustained success in the competitive transport and logistics sector, making it a company to watch for potential investors seeking long-term growth opportunities.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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