DSV Group has published the financial review for 2015. The group succeeded in gaining market share across all three divisions achieved a DKK +3 billion operating profit.
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. For 2015, DSV reported gross profit of DKK 11,201 million, EBIT before special items of DKK 3,050 million and adjusted free cash flow of DKK 2,837 million. The Group thereby delivered on its forecast, driven by healthy growth in freight volumes in all business segments. Air & Sea and Road saw the best development, whereas Solutions reported a slight drop in earnings.

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Consolidated revenue was up 4.7% and totalled DKK 50,869 million for 2015.
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2015 was a good year for DSV. We gained market share across all business segments and delivered earnings and cash flow in line with the forecast. The Air & Sea Division was the main contributor to the growth in earnings, but the Road Division also delivered a good comeback. 2015 was also the year in which we executed on our strategy to grow through acquisitions. In January 2016, we obtained the final approval of the acquisition of UTi Worldwide Inc.  We now have a major project ahead of us – the merger of two global logistics providers and lifting the UTi earnings to DSV levels – says Jens Bjørn Andersen, CEO.
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