Slide 1: DSV Investor presentation 2006
DSV Investor presentation 2006 Global Transport and Logistics
Slide 2: Company structure
Company structure Belgium Luxembourg Australia Korea Denmark Finland Croatia Netherlands Bangladesh Malaysia Norway Czech Republic Norway Canada Netherlands Sweden Denmark Poland China Norway Estonia Russia Czech Republic Philippines Finland Serbia & Montenegro Denmark Poland France Slovakia Finland
Slide 3: America Europe Asia Pacific
America Europe Asia Pacific Canada Belgium Latvia Australia USA Croatia Lithuania Bangladesh Czech Republic Netherlands China Denmark Norway Hong Kong Estonia Poland Indonesia Finland Russia Korea France Serbia & Montenegro Malaysia Germany Slovakia Philippines Greenland Slovenia Singapore Hungary S
Slide 4: Our History
Our History 1976 DSV is established 1987 DSV is listed on the Copenhagen Stock Exchange 1997 DSV acquires Samson Transport and triples the size of its Road Division 2000 DSV acquires DFDS Dan Transport Group for DKK 5,500 million from DFDS, continuing under the name DFDS Transport, which is merged w
Slide 5: Key Figures - DSV
Key Figures - DSV P&L 2002 2003 2003** 2004 2005 2006*** DKKm Budget Revenue 17.933 17.676 16.684 18.092 23.015 32.500 EBITDA 1.035 1.071 894 1.063 1.332 EBITA 783 861 725 854 1.123 1.524 Pre tax profit* 567 662 537 745 1.053 Net profit* 393 437 393 527 727 1.005 EPS* 17,2 19,2 17,2 23,3 34,4 49,8 M
Slide 6: Q1 2006 - results
Q1 2006 - results DKKm 2005 2006 2006 Headlines – Q1 2006 results compared Actual Budget Actual with Q1 2005 Q1 Q1 Q1 Revenue 4.997 6.227 6.429 • Organic turnover growth 11.9% adjusted for fx EBITDA 277 341 375 • Organic EBITA growth 47.6% adjusted for fx EBITA 221 273 335 Pre tax profit* 207 255 31
Slide 7: Share price development
Share price development DKK DKK 1.000 5Y 3Y 1.000 900 900 800 800 700 700 600 600 500 500 400 400 300 300 200 200 100 100 1 2 3 4 5 3 4 5 1 2 3 4 5 6 3 4 5 6 4 5 6 3 4 5 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 r/2 t /2 r/2 t /2 r/2 t /2 r/2 t /2 r/2 t /2 r/2 r /2 t /2
Slide 8: Road Division
Road Division Global Transport and Logistics
Slide 9: Road Division
Road Division Characteristics • Strong market position in the Nordic region, New EU-countries, Benelux and the UK • Good network of agents in Europe • Strong culture and loyal employees • High profitability Opportunities • Organic growth • Acquisitions in Germany, France and Italy Challenges • Integ
Slide 10: Road Transport
Road Transport • 9,000 Employees • Full and Part loads door-to-door • European and domestic distribution • Internet Booking Facilities • Track and Trace, POD • 7,000 Carriers on the road each day Page 10 Global Transport and Logistics
Slide 11: Road Division – Q1 2006 Turnover
Road Division – Q1 2006 Turnover • 2005 (actual): DKK 3.7 billion • 2006 (budget): DKK 4.5 billion • 2006 (actual): DKK 4.6 billion 2005 (full year) - actual Q1 2006 - actual Baltic's Poland Baltic's Poland Others Others Belgium 3% 1% Belgium 3% 1% 2% 2% Ireland 2% Ireland 2% 3% 3% Holland Holland D
Slide 12: Road Division – Q1 2006 EBITA
Road Division – Q1 2006 EBITA • 2005 (actual): DKK 138 million • 2006 (budget): DKK 184 million • 2006 (actual): DKK 217 million 2005 (full year) - actual Q1 2006 - actual Poland Baltic's Poland Others Baltic's Others 2% 3% 1% 1% 4% 1% Belgium Belgium 4% Ireland 5% Ireland 4% 3% Holland Holland Denm
Slide 13: Air & Sea Division
Air & Sea Division Global Transport and Logistics
Slide 14: Air & Sea Division
Air & Sea Division Characteristics • One of the best earning freight forwarders • High growth area • Strong market position in the Nordic region, US and Hong Kong/China Opportunities • Growth both organic and acquisitive – in particular in central Europe Challenges • Integration of Frans Maas • Beco
Slide 15: Air & Sea Transport
Air & Sea Transport • 2,200 Employees • Internet Booking System • Track and Trace, POD • Consolidated Air Freight • Import / Export • FCL / LCL • 285 Locations in 103 Countries1 1 Supplemented by partners and agents Page 15 Global Transport and Logistics
Slide 16: Air & Sea Division – Q1 2006 Turnover
Air & Sea Division – Q1 2006 Turnover • 2005 (actual): DKK 1.2 billion • 2006 (budget): DKK 1.7 billion • 2006 (actual): DKK 1.8 billion 2005 (full year) - actual Q1 2006 - actual Others Others 9% 11% Other APAC USA Other APAC USA 7% 22% 7% 21% Hong Kong 4% China Hong Kong 5% 4% China Denmark Denmar
Slide 17: Air & Sea Division – Q1 2006 EBITA
Air & Sea Division – Q1 2006 EBITA • 2005 (actual): DKK 77 million • 2006 (budget): DKK 83 million • 2006 (actual): DKK 108 million 2005 (full year) - actual Q1 2006 - actual Others Others 7% Other APAC 3% 6% Other APAC 7% Hong Kong Hong Kong 6% 8% USA 36% USA China 39% 7% China 8% Germany 5% UK 5%
Slide 18: Solutions Division
Solutions Division Global Transport and Logistics
Slide 19: Solutions Division
Solutions Division Characteristics • Sizeable player in the Nordic logistics market • Independent Nordic network Opportunities • Leverage on Road and Air & Sea Divisions • Become a stronger player in Benelux, Germany, Ireland and the UK and grow in these markets Challenges • Integration of Frans Maa
Slide 20: Solutions
Solutions • 700 Employees • 270,000 m2 • 35 Locations • 4 Nordic Countries Page 20 Global Transport and Logistics
Slide 21: Solutions Division – Q1 2006
Solutions Division – Q1 2006 Turnover EBITA •2005 (actual): DKK 212 million • 2005 (actual): DKK 6 million •2006 (budget): DKK 215 million • 2006 (budget): DKK 6 million •2006 (actual): DKK 244 million • 2006 (actual): DKK 15 million 2005 (full year) – actual turnover Q1 2006 – actual turnover Finla
Slide 22: DSV
DSV - Thank you for your attention Global Transport and Logistics