Business Segments DSV A/S

Equities

Market Closed - Nasdaq Copenhagen Other stock markets 16:20:00 08/05/2026 BST			5-day change	1st Jan Change
1,509.50 ^DKK	+0.20%		-3.91%	-6.53%

05-05	Goldman Sachs trims DSV price target to DKK 2,200 (2,300), reiterates Buy - BN	FW
05-04	Bernstein Reiterates DHL Group's Market-Perform Rating Amid Macro Uncertainty; Estimates Updated	MT

Breakdown by Business Segment (DKK)

Fiscal Period: December	2021	2022	2023	2024	2025
Road Transportation of Freight
Road	35.42B	41.51B	38.16B	40.51B	77.98B
Total Assets	24.14B	24.44B	25.7B	26.11B	73.9B
CAPEX	-1.96B	-501M	-	-	-
Gross Profit	7.1B	7.91B	7.86B	7.71B	16.62B
EBITDA	2.82B	2.94B	2.86B	2.8B	4.55B
D&A	967M	903M	849M	939M	1.82B
Operating Income	1.86B	2.04B	2.01B	1.86B	2.74B
Charter Freight Air Transportation
Air & Sea - Air Freight	70.85B	90.59B	50.6B	55.17B	75.47B
Gross Profit	13.05B	18.6B	13.42B	11.96B	16.59B
Operating Income	12.77B	20.66B	13.36B	11.89B	13.01B
D&A	1.04B	1.25B	1.16B	1.16B	1.59B
EBITDA	13.8B	21.91B	14.52B	13.04B	14.6B
CAPEX	-17.26B	-1.8B	-	-	-
Total Assets	96.88B	93.82B	80.26B	81.1B	112B
Marine Transportation Of Freight
Air & Sea - Sea Freight	61.06B	83.84B	42.37B	49.33B	61.85B
Gross Profit	10.72B	16.02B	12.55B	12.76B	15.79B
Warehousing and Storage
Solutions	18.73B	24.41B	23.14B	25.62B	43.46B
Total Assets	26.24B	29.35B	30.73B	36.9B	54.65B
CAPEX	-4.12B	-4.34B	-	-	-
Gross Profit	6.65B	9.32B	9.51B	10.06B	18.65B
EBITDA	3.65B	5.3B	5.31B	5.63B	8.63B
D&A	1.88B	2.6B	2.96B	3.3B	4.82B
Operating Income	1.78B	2.7B	2.36B	2.33B	3.81B
Intercompany Revenue	-	-	-	-	-
Non-Allocated Items and Eliminations	-3.74B	-4.68B	-3.48B	-3.52B	-11.43B
Total Assets	14.14B	11.44B	10.42B	92.44B	49.96B
CAPEX	-7.86B	-165M	-	-	-
Gross Profit	98M	296M	478M	487M	-798M
EBITDA	137M	118M	310M	353M	460M
D&A	314M	313M	314M	337M	403M
Operating Income	-177M	-195M	-4M	16M	57M

Geographical breakdown of sales (DKK)

Fiscal Period: December	2021	2022	2023	2024	2025
Other	98.26B	130B	88.11B	97.45B	144B
Total Assets	13.44B	14.32B	14.46B	14.92B	31.09B
Gross Profit	8.2B	13.27B	11.17B	10.39B	14.45B
Operating Income	4.04B	7.11B	5.07B	3.81B	-
Gross Profit	-	-	-	-	36.24B
Operating Income	-	-	-	-	8.73B
USA	36.53B	52.83B	26.4B	28.22B	40.88B
Total Assets	1.72B	2.43B	3.18B	4.3B	5.04B
Germany	15.06B	17.68B	12.19B	13.63B	29.85B
Total Assets	1.52B	1.53B	1.79B	1.81B	6.14B
Sweden	-	8.36B	-	6.57B	11.49B
Total Assets	-	890M	-	1.44B	4.84B
Denmark	17.45B	17.07B	11.53B	14.46B	11.04B
Total Assets	4.77B	4.16B	4.3B	6.18B	6.92B
Netherlands	-	-	-	-	10.27B
Total Assets	-	-	-	-	3.44B
Gross Profit	21.74B	27.5B	25.3B	25.23B	-
Operating Income	7.71B	10.95B	8.67B	8.43B	-
Gross Profit	7.68B	11.37B	7.35B	7.36B	11.91B
Operating Income	4.47B	7.14B	3.98B	3.86B	5.48B
Gross Profit	-	-	-	-	4.26B
Operating Income	-	-	-	-	1.39B
United Kingdom	7.81B	9.76B	5.84B	6.78B	-
Total Assets	813M	896M	1.05B	1.14B	-
Italy	7.19B	-	-	-	-
Total Assets	854M	-	-	-	-
China	-	-	6.71B	-	-
Total Assets	-	-	469M	-	-