DSV Panalpina

The integration of Schenker into DSV has caused unexpected declines in road-transport quality: on-time complete performance fell from a historical 93–95% to 89% most recently, but according to CEO Jens Lund is being improved by about one percentage point weekly and is expected to reach the previous level in September. The issues cost the forwarding business €33–66 million in profit and weighed on growth and operating cash flow; quarterly net profit fell to €305 million from €311 million a year earlier. The share briefly plunged as much as 9%; DSV is relying on operational measures, the involvement of COO Brian Ejsing and unchanged long-term structural plans to complete the integration. » Mere på wiwo.de

DSV Panalpina's shares fell 8.8% after Q2 figures showed reported EBIT about 3% above estimates, but this was largely due to a one‑off land sale of DKK 250m in the Road division. On an adjusted basis, EBIT missed consensus by roughly 1%, and the new midpoint forecast of DKK 24,500m is about 1% below the analysts' consensus. Investors viewed the modest forecast upgrade and industry- and currency-related pressure as a negative surprise, prompting the marked share repricing. » Mere på de.investing.com

DSV reports for Q1 2026 a currency-adjusted revenue increase of 74.7% to DKK 70.4 billion, mainly due to the Schenker acquisition. Gross profit rose 78.4% to DKK 18.9 billion, adjusted EBIT grew 31.2% to DKK 4.9 billion, while operating margins and the conversion ratio fell due to higher costs and integration expenses. Integration is 45% complete; one-off quarterly costs amounted to DKK 1,453 million, and cumulative integration costs are expected to reach DKK 11 billion. DSV confirms the full-year EBIT guidance (DKK 23.0–25.5 billion), expects increasing synergies through 2027 and remains on track to raise earnings per share over the course of the year. » Mere på de.investing.com

DSV reported 75% revenue growth in the first quarter of 2026 and EBIT of DKK 4.9bn (+30%), driven largely by the acquisition and integration of Schenker. Gross profit rose by about 80%, while the conversion ratio fell to 26% due to integration effects. The company reduced debt by roughly DKK 8bn since the integration and expects margins and EPS to improve for full-year 2026 once synergies take effect after the go-lives. » Mere på de.investing.com

DSV reported EBIT before special items of DKK 19,611 million for fiscal 2025 and showed a 48.5% improvement in the fourth quarter to DKK 5,592 million. Integration of Schenker is proceeding faster than expected: more than 40 countries are integrated, roughly DKK 800 million of synergies were realized in 2025, DKK 5 billion is projected for 2026 and DKK 9 billion full effect is expected for 2027. The company reduced net debt by over DKK 7 billion, generated adjusted free cash flow of DKK 16,335 million and is targeting EBIT of DKK 23,000–25,500 million for 2026, despite economic headwinds in core sectors. » Mere på de.investing.com