Slide 1: Investor presentation 2008
DSV Investor presentation 2008
Slide 2: Legal structure - (budget 2008 figures)
Legal structure - (budget 2008 figures) Revenue: DKKm 34,580 Operating profit: DKKm 1,796 Number of employees: 18,684 Revenue: Revenue: Revenue: DKKm 20,326 DKKm 10,315 DKKm 5,034 Number of employees: Number of employees: Number of employees: 10,125 3,075 5,484 2 | Investor Presentation, 01/08/2008
Slide 3: World of DSV
World of DSV Australia, Austria, Bangladesh, Belarus, Belgium, Bulgaria, Canada, China, Croatia, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hong Kong, Hungary, India, Indonesia, Ireland, Italy, Korea, Latvia, Lithuania, Luxembourg, Malaysia, Morocco, Netherlands, New Zealand
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 2004 2005 2006 2007 2008 DKKm Budget Revenue 18,092 23,015 31,972 34,899 34,580 EBITDA 1,063 1,332 1,834 2,126 2,184 EBITA 854 1,123 1,504 1,882 1,796 Pre tax profit* 745 1,055 1,348 1,687 1,650 Net profit* 527 709 914 1,141 1,167 EPS* 2.3 3.4 4.5 5.8 6.1 Margins: EBITDA margin
Slide 6: YTD H1 2008 - results
YTD H1 2008 - results DKKm 2007 2008 2008 Headlines – YTD H1 2008 results compared Actual Budget Actual with YTD H1 2007 YTD H1 YTD H1 YTD H1 Revenue 17,074 16,971 17,472 • Organic turnover growth 10.7% adjusted for EBITDA 1,042 1,012 1,095 foreign currency translation differences and EBITA 847 811
Slide 7: Share price development
25 DKK -0 7- 0 20 40 60 80 100 120 140 03 25 -0 1- 04 25 -0 7- 04 25 -0 1- 05 25 -0 7- 05 Source: Copenhagen Stock Exchange 25 5Y -0 1- 7 | Investor Presentation, 01/08/2008 06 25 -0 7- OMX C20 rel. to DSV 06 25 -0 1- DSV 07 25 -0 7- 07 25 -0 1- 08 Share price development 25 -0 7- 08 25 -0 DKK 7- 60
Slide 8: Road Division
Road Division 8 | Investor Presentation, 01/08/2008
Slide 9: Road Division
Road Division Characteristics • Strong market position in Europe • Control over own network • Strong culture and loyal management • High profitability Opportunities • Organic growth • Bolt on acquisitions in Europe • Margin improvements in Germany, Netherlands, Spain and France Challenges • Profitab
Slide 10: Road Transport
Road Transport • 10,100 Employees • Full and Part loads door-to-door • European and domestic distribution • Internet Booking Facilities • Track and Trace, POD • Customs clearance • More than 350 own locations • Top 3 in Europe • More than 15,000 trucks on the road daily 10 | Investor Presentation, 0
Slide 11: Road Division – YTD H1 2008
Road Division – YTD H1 2008 Turnover (YTD H1) Turnover (full year) • 2007 (actual): DKK 11.4 billion • 2007 (actual): DKK 22.8 billion • 2008 (budget): DKK 10.1 billion • 2008 (budget): DKK 20.3 billion • 2008 (actual): DKK 10.3 billion 2007 (full year) - actual YTD H1 2008 - actual Czech Republic S
Slide 12: Road Division – YTD H1 2008
Road Division – YTD H1 2008 EBITA (YTD H1) EBITA (full year) • 2007 (actual): DKK 431 million • 2007 (actual): DKK 998 million • 2008 (budget): DKK 425 million • 2008 (budget): DKK 910 million • 2008 (actual): DKK 476 million 2007 (full year) - actual YTD H1 2008 - actual Spain Portugal Czech Republ
Slide 13: Air & Sea Division
Air & Sea Division 13 | Investor Presentation, 01/08/2008
Slide 14: Air & Sea Division
Air & Sea Division Characteristics • One of the best earning freight forwarders • High growth area • Strong culture and loyal management • Strong market position Opportunities • Growth both organic and acquisitive Challenges • Become a top 5 player in the Air & Sea industry • Integration of ABX Logi
Slide 15: Air & Sea Transport
Air & Sea Transport • 3,100 Employees • Internet Booking System • Track and Trace, POD • Consolidated Air Freight • Import / Export • FCL / LCL • 500,000 TEU • 1.6 mill. shipments • 115,000 tonnes export airfreight • More than 350 Locations in more than 100 Countries (Supplemented by partners and ag
Slide 16: Air & Sea Division – YTD H1 2008
Air & Sea Division – YTD H1 2008 Turnover (YTD H1) Turnover (full year) • 2007 (actual): DKK 4.1 billion • 2007 (actual): DKK 9.1 billion • 2008 (budget): DKK 4.9 billion • 2008 (budget): DKK 10.3 billion • 2008 (actual): DKK 5.1 billion 2007 (full year) - actual YTD H1 2008 - actual Canada Australi
Slide 17: Air & Sea Division – YTD H1 2008
Air & Sea Division – YTD H1 2008 EBITA (YTD H1) EBITA (full year) • 2007 (actual): DKK 311 million • 2007 (actual): DKK 691 million • 2008 (budget): DKK 309 million • 2008 (budget): DKK 701 million • 2008 (actual): DKK 359 million 2007 (full year) - actual YTD H1 2008 - actual Australia & New Zealan
Slide 18: Solutions Division
Solutions Division 18 | Investor Presentation, 01/08/2008
Slide 19: Solutions Division
Solutions Division Characteristics • Sizable player in the core logistics markets • Strong culture and loyal management • Presence in most of Europe Opportunities • Leverage on Road and Air & Sea Divisions • Growth Challenges • Become truly European • Integration of ABX Logistics in Italy Own operat
Slide 20: Solutions
Solutions • 5,800 Employees • Approximately 1.5 million m2 • Supply chain management • Advanced logistic facilities and distribution • Logistic management systems • Consulting services to support our customers´ outsourcing processes 20 | Investor Presentation, 01/08/2008
Slide 21: Solutions Division – YTD H1 2008
Solutions Division – YTD H1 2008 Turnover (YTD H1) Turnover (full year) • 2007 (actual): DKK 2.1 billion • 2007 (actual): DKK 4.2 billion • 2008 (budget): DKK 2.5 billion • 2008 (budget): DKK 5.0 billion • 2008 (actual): DKK 2.6 billion EBITA (YTD H1) EBITA (full year) • 2007 (actual): DKK 119 milli
Slide 22: www.dsv.com
www.dsv.com - Thank you for your attention