STOCK EXCHANGE ANNOUNCEMENT NO. 314
Interim Announcement for the period ended 30 September 2008
Major key figures of the Q3 2008 Interim Financial Report for the period 1
January - 30 September 2008
• Revenue amounted to DKK 26,117 million
• Gross profit came to DKK 5,637 million
• Operating profit before special items came to DKK 1,434 million
• Profit before tax amounted to DKK 1,646 million
• DSV's share of the profit for the period amounted to DKK 1,289 million
• Diluted adjusted earnings per share were DKK 4.8 for the period, which
amounts to an annualised figure of DKK 6.4
• Free cash flow for the period adjusted for the acquisition of enterprises
amounted to DKK 353 million
Group Management considers the results for the first nine months of 2008 very
satisfactory.
Closing of the acquisition of XB Luxemburg Holdings 1 S.A., the parent company
of the ABX LOGISTICS Group ("ABX")
On 1 October 2008, DSV closed the transaction with 3i Group plc and 3i funds,
the ABX management team and other shareholders on the purchase of 100% of the
shares in the parent company of the Belgian ABX Group. The transaction does not
affect this Interim Financial Report as ABX will only be recognised in the
consolidated financial statements of the DSV Group as from 1 October 2008.
Outlook for 2008
DSV maintains the adjusted expectations for 2008 disclosed in stock exchange
announcement No. 312.
Yours sincerely,
DSV