DSV, 1168 - INTERIM FINANCIAL REPORT Q1 2026 [Yahoo! Finance]
DSV A/S UNSP/ADR (DSDVY)
NASDAQ:AMEX Investor Relations:
investor.dsv.com
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Source: Yahoo! Finance
The DSV Group reported EBIT before special items of DKK 4,855 million in Q1 2026. Despite increasingly challenging market conditions, earnings remained solid and improved compared to the same period last year, driven mainly by the Schenker acquisition. The Schenker integration continued the strong momentum with more than 50 countries now integrated or undergoing integration. We reiterate the expected synergies in the level of DKK 9 billion with full financial impact in 2027. For 2026, we expect an incremental financial impact of at least DKK 4 billion, in addition to the synergies realised in 2025. The adjusted free cash flow came to DKK 1,517 million for Q1 2026, impacted by seasonality and a temporary increase in net working capital. Reiterating the 2026 full-year guidance for EBIT before special items in the range of DKK 23.0-25.5 billion. Market outlook for the year remains uncertain due to potential macroeconomic risks, including the conflict in the Middle East. Jens H
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