Business, Freight News, Logistics

DSV reports strong results for 2022

[ March 1, 2023   //   ]

DSV delivered a strong result for 2022, driven by good performance across all our business areas. In 2022, gross profit increased by 33%, while EBIT before special items grew by 48% and adjusted free cash flow more than doubled compared to 2021.  
Air & Sea achieved a 53% increase in EBIT before special items, Solutions achieved a 47% EBIT increase, and Road achieved a 9% EBIT increase for 2022. Towards the end of 2022, the performance of DSV’s three divisions was impacted by the general macroeconomic slowdown and the gradual normalization of freight markets.
DSV successfully completed the integration of Agility GIL within a year of the acquisition, making the company a top three player in the industry. M&A remains an important part of DSV’s strategy, and the company continues to monitor the market in search of value creation opportunities.
Recognizing its role as one of the world’s leading transport and logistics companies, DSV has raised its ambitions and committed to reach net-zero carbon emissions across its operations by 2050.
While geopolitical and macroeconomic uncertainty persist, DSV continues to focus on customer service and adapting to changing market conditions.