DSV, 720 - INTERIM FINANCIAL REPORT Q3 2018
26 Octubre 2018 - 12:30AM
DSV, 720 - INTERIM FINANCIAL REPORT Q3 2018
Company Announcement no.
720
Selected financial and operating data for the period 1
January - 30 September 2018
(DKKm) |
Q3 2018 |
Q3 2017 |
YTD 2018 |
YTD 2017 |
|
|
|
|
|
Net
revenue |
20,237 |
|
18,735 |
|
58,108 |
|
55,882 |
|
Gross
profit |
4,472 |
|
4,114 |
|
13,042 |
|
12,551 |
|
Operating
profit (EBIT) before special items |
1,507 |
|
1,313 |
|
4,112 |
|
3,682 |
|
Operating
margin |
7.4 |
% |
7.0 |
% |
7.1 |
% |
6.6 |
% |
Conversion
ratio |
33.7 |
% |
31.9 |
% |
31.5 |
% |
29.3 |
% |
Profit for the
period |
1,104 |
|
826 |
|
3,060 |
|
2,237 |
|
Adjusted
earnings for the period |
1,126 |
|
940 |
|
3,126 |
|
2,578 |
|
Adjusted free
cash flow |
|
|
2,631 |
|
3,047 |
|
Diluted adjusted earnings per share of DKK 1 for the period |
6.1 |
|
5.0 |
|
16.8 |
|
13.6 |
|
Jens Bjørn Andersen, Group CEO: ”We delivered strong results in
the first nine months of 2018, including healthy top-line growth
across all business areas and continued improvement of our margins.
The implementation of trade tariffs continues to create uncertainty
in our industry, but so far, we see a negligible impact on our
activities. Based on our performance so far and expectations for
the rest of the year, we are adjusting our earnings outlook.”
The consolidated full-year outlook for 2018 previously announced
is adjusted as follows:
- Operating profit before special items is expected to be in the
range of DKK 5,400-5,600 million (previously DKK 5,300-5,600
million).
- Adjusted free cash flow is expected to approximate DKK 4,200
million (unchanged).
- The effective tax rate is expected to approximate 23%
(unchanged).
A separate company announcement about the launch of a new share
buyback programme of DKK 1,200 million will be issued today.
Contacts
Investor RelationsFlemming Ole Nielsen, tel. +45 43 20 33 92,
flemming.o.nielsen@dsv.comFrederikke Linde, tel. +45 43 20 31 95,
frederikke.a.linde@dsv.com
MediaTina Hindsbo, tel. +45 43 20 36 63,
tina.hindsbo@dsv.com
This announcement has been forwarded to Nasdaq Copenhagen and to
the press. It is also available at www.dsv.com.
Yours sincerely,DSV A/S
- 720 - Announcement (26.10.2018) - Interim Financial Report Q3
2018