DSV A/S
DSV, 593 – Interim Financial Report First quarter 2015
DGAP-News: DSV A/S 2015-04-30 / 07:30 --------------------------------------------------------------------- Company Announcement No. 593 30 April 2015 Selected financial and operating data for the period 1 January - 31 March 2015 (DKKm) Q1 2015 Q1 2014 ----------------------------------------------------------------------------- Net revenue 12,601 11,602 Gross profit 2,682 2,465 Operating profit before special items 641 546 Operating margin 5.1% 4.7% Conversion ratio 23.9% 22.2% Profit before tax 569 161 Adjusted earnings for the period 454 373 Adjusted free cash flow 143 486 Diluted adjusted earnings per share of DKK 1 for the period 2.65 2.12 ----------------------------------------------------------------------------- Jens Bjørn Andersen, CEO: 'We have started 2015 at full speed. The Air & Sea Division continued the positive development of 2014, and the Road Division has turned around the negative development that dampened last year's performance. We are now seeing the effect of the streamlining initatives we launched in 2014, and reporting EBIT growth of 17% for the first three months of the year we have reason to be optimistic about the next three quarters.' DSV maintains its full-year outlook for 2015 previously announced. A separate company announcement about the launch of a new share buyback programme of DKK 500 million will be issued today. Inquiries relating to the Interim Financial Report may be addressed to: Jens Bjørn Andersen, CEO, tel. +45 43 20 30 40 Jens H. Lund, CFO, tel. +45 43 20 30 40 Flemming Ole Nielsen, Director Investor Relations, tel. +45 43 20 33 92 or by email to investor@dsv.com This announcement is available at www.dsv.com. The announcement has been prepared in Danish and in English. In the event of discrepancies, the Danish version shall apply. Yours sincerely, DSV A/S News Source: NASDAQ OMX --------------------------------------------------------------------- 2015-04-30 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: DSV A/S Denmark ISIN: DK0060079531 End of News DGAP News-Service --------------------------------------------------------------------- 351127 2015-04-30
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