Company Announcement No. 462
Selected financial and operating data for the period 1 January — 30 June 2012
DSV continued the positive trend of Q1 2012 and delivered the best H1 results in the history of the Group with an operating profit before special items of DKK 1,242 million for the first six months of 2012, corresponding to EBITA growth of approx. 5%.
- Revenue amounted to DKK 22,191 million (2011: DKK 21,882 million)
- Gross profit came to DKK 5,013 million (2011: DKK 4,872 million), corresponding to a gross margin of 22.6% (2011: 22.3%)
- Operating profit before special items (EBITA) came to DKK 1,242 million (2011: DKK 1,183 million), corresponding to an EBITA margin of 5.6% (2011: 5.4%)
- Special items netted an expense of DKK 251 million relating to the restructuring plan previously announced (2011: DKK 0 million)
- Profit before tax amounted to DKK 835 million (2011: DKK 969 milllion)
- Profit for the period amounted to DKK 592 million (2011: DKK 703 million)
- Adjusted profit for the period came to DKK 834 million (2011: DKK 750 million)
- Diluted adjusted earnings per share were DKK 4.48 for the period (2011: DKK 3.68) and for the 12 months to 30 June 2012
DKK 8.61 (2010/2011: DKK 6.97) - Free cash flow amounted to DKK 528 million (2011: DKK 1,079 million)
DSV maintains the previously announced outlook for 2012 described on page 6; however, the effective tax rate for 2012 is expected to be 29.0% as against the previously expected 27.0%.
A separate company announcement about the launch of a new share buy-back programme of DKK 300 million will be issued today.
Inquiries relating to the Interim Financial Report
Questions may be addressed to:
Jens Bjørn Andersen, Group CEO, tel. +45 43 20 30 40, or Jens H. Lund, Group CFO, tel. +45 43 20 30 40.
This announcement is available on the Internet 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
Announcement 264.4 KB