SIMIC

In the first nine months of the year, gross profit grew 50 per cent, while EBIT before special items grew 75 per cent and adjusted free cash flow more than quadrupled compared to the same period last year.

Air & Sea achieved an 81 per cent increase in EBIT before special items, Solutions achieved a 104 per cent EBIT increase and Road achieved a 18 per cent EBIT increase, for the first nine months of 2022.

The integration of Agility Global Integrated Logistics is now successfully completed. On April 27 last year DSV announced plans to acquire Kuwait-based Agility GIL.

The Q3 results are the first interim financial results to overlap with the integration, which commenced on August 16, 2021.

The global economic uncertainty has increased, but DSV's flexible business model enables the company to quickly adapt to changes.

DSV has upgraded the full-year outlook range for 2022. EBIT before special items is expected to be in the range of DKK24,500 (US$3,279) - DKK25. billion (previously DKK 23 billion-25,000 billion).