DSV A/S (FRA:DS81)

DSV A/S Income Statement

Financials in millions DKK. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	219,160	167,106	150,785	235,665	182,306	115,932
Revenue Growth (YoY)	36.87%	10.82%	-36.02%	29.27%	57.25%	22.42%
Cost of Revenue	160,632	124,132	106,967	183,516	144,691	87,398
Gross Profit	58,528	42,974	43,818	52,149	37,615	28,534
Selling, General & Admin	32,953	21,189	20,868	21,893	17,215	14,991
Operating Expenses	40,622	26,924	26,142	26,964	21,409	19,030
Operating Income	17,906	16,050	17,676	25,185	16,206	9,504
Interest Expense	-3,327	-1,926	-1,429	-1,360	-903	-912
Interest & Investment Income	1,500	650	469	323	202	248
Earnings From Equity Investments	-23	-23	4	7	4	6
Currency Exchange Gain (Loss)	-95	-372	-157	276	-53	-1,055
Other Non Operating Income (Expenses)	-103	-103	-73	-93	-74	-
EBT Excluding Unusual Items	15,858	14,276	16,490	24,338	15,382	7,791
Merger & Restructuring Charges	-2,824	-853	-160	-1,117	-478	-2,164
Other Unusual Items	124	-	160	-	-	-
Pretax Income	13,158	13,423	16,490	23,221	14,904	5,627
Income Tax Expense	3,605	3,248	4,083	5,550	3,650	1,369
Earnings From Continuing Operations	9,553	10,175	12,407	17,671	11,254	4,258
Minority Interest in Earnings	-75	-66	-92	-103	-49	-8
Net Income	9,388	10,109	12,315	17,568	11,205	4,250
Net Income to Common	9,388	10,109	12,315	17,568	11,205	4,250
Net Income Growth	-13.14%	-17.91%	-29.90%	56.79%	163.65%	14.87%
Shares Outstanding (Basic)	235	215	214	227	228	227
Shares Outstanding (Diluted)	236	215	216	230	233	232
Shares Change (YoY)	12.32%	-0.16%	-6.49%	-0.93%	0.46%	14.98%
EPS (Basic)	39.96	47.08	57.68	77.28	49.25	18.70
EPS (Diluted)	39.88	47.00	57.10	76.20	48.20	18.40
EPS Growth	-22.57%	-17.69%	-25.07%	58.09%	161.96%	-
Free Cash Flow	16,362	9,559	14,428	25,332	11,022	9,155
Free Cash Flow Per Share	69.47	44.42	66.95	109.92	47.38	39.53
Dividend Per Share	7.000	7.000	7.000	6.500	5.500	4.000
Dividend Growth	-	-	7.69%	18.18%	37.50%	60.00%
Gross Margin	26.71%	25.72%	29.06%	22.13%	20.63%	24.61%
Operating Margin	8.17%	9.61%	11.72%	10.69%	8.89%	8.20%
Profit Margin	4.28%	6.05%	8.17%	7.46%	6.15%	3.67%
Free Cash Flow Margin	7.47%	5.72%	9.57%	10.75%	6.05%	7.90%
EBITDA	20,882	17,092	18,627	26,310	17,037	10,221
EBITDA Margin	9.53%	10.23%	12.35%	11.16%	9.35%	8.82%
D&A For EBITDA	2,976	1,042	951	1,125	831	717
EBIT	17,906	16,050	17,676	25,185	16,206	9,504
EBIT Margin	8.17%	9.61%	11.72%	10.69%	8.89%	8.20%
Effective Tax Rate	27.40%	24.20%	24.76%	23.90%	24.49%	24.33%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.