Slide 1: DSV Investor presentation 2006
DSV Investor presentation 2006 Global Transport and Logistics
Slide 2: Company structure
Company structure Algeria Luxembourg Australia Latvia Belgium Norway Austria Morocco Canada Lithuania Denmark Poland Belarus Netherlands China Malaysia Finland Portugal Belgium Norway France Spain Czech Republic Netherlands Bulgaria Poland Denmark Norway Germany Sweden Croatia Portugal Estonia Phili
Slide 3: Global Transport and Logistics
Algeria, Australia, Austria, Belarus, Belgium, Bulgaria, Canada, China, Croatia, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hong Kong, Hungary, Indonesia, Ireland, Italy, Korea, Latvia, Lithuania, Luxembourg, Malaysia, Morocco, Netherlands, Norway, Philippines, Poland, Portu
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* 393 437 393 527 727 918 EPS* 17,2 19,2 17,2 23,3 34,4 45,4 Mar
Slide 6: H1 2006 - results
H1 2006 - results DKKm 2005 2006 2006 Actual Budget Actual Headlines – H1 2006 results compared H1 H1 H1 with H1 2005 Revenue 10.677 14.965 15.037 • Organic turnover growth 7.8% adjusted for fx EBITDA 660 866 878 EBITA 550 714 723 • Organic EBITA growth 17.0% adjusted for fx Pre tax profit* 516 646
Slide 7: Share price development
Share price development DKK 5Y DKK 1Y 1.200 1.200 1.000 1.100 1.000 800 900 600 800 400 700 200 600 0 500 1 2 2 3 3 4 4 5 5 6 6 05 05 05 05 06 06 06 06 06 06 06 06 06 0 0 0 0 0 0 0 0 0 0 0 9- 3- 9- 3- 9- 3- 9- 3- 9- 3- 9- 9- 0- 1- 2- 1- 2- 3- 4- 5- 6- 7- 8- 9- -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 -1
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 • Control over own network • Strong culture and loyal employees • High profitability Opportunities • Organic growth • Acquisitions in Germany, France and Italy • Bolt on acquisitions in
Slide 10: Road Transport
Road Transport • 16,000 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 10,000 trucks on the road Page 10 Global Transport and Logist
Slide 11: Road Division – Q2 2006 Turnover
Road Division – Q2 2006 Turnover • 2005 (actual): DKK 7.9 billion • 2006 (budget): DKK 11.2 billion • 2006 (actual): DKK 11.3 billion 2005 (full year) - actual Q2 2006 - actual Central Europe Baltic's Poland Baltic's, Russia & South East Europe Others Poland 2% Belgium 3% 1% Ukraine 1% 2% 2% Ireland
Slide 12: Road Division – Q2 2006 EBITA
Road Division – Q2 2006 EBITA • 2005 (actual): DKK 358 million • 2006 (budget): DKK 454 million • 2006 (actual): DKK 453 million 2005 (full year) - actual Q2 2006 - actual Baltic's Poland Baltic's, Russia & Others Poland Central Europe South East Europe 4% 2% Ukraine 1% 1% 1% Belgium Italy 2% 4% 5%
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, UK Hong Kong/China and Benelux Opportunities • Growth both organic and acquisitive – in particular in central Europe Challenges • Integration of Frans
Slide 15: Air & Sea Transport
Air & Sea Transport • 2,300 Employees • Internet Booking System • Track and Trace, POD • Consolidated Air Freight • Import / Export • FCL / LCL • 380,000 TEU • More than 275 Locations in 103 Countries1 1 Supplemented by partners and agents Page 15 Global Transport and Logistics
Slide 16: Air & Sea Division – Q2 2006 Turnover
Air & Sea Division – Q2 2006 Turnover • 2005 (actual): DKK 2.7 billion • 2006 (budget): DKK 3.6 billion • 2006 (actual): DKK 3.6 billion 2005 (full year) - actual Q2 2006 - actual Other Far East Hong Kong Australia Other APAC Australia Hong Kong 6% 4% 2% 5% 1% 4% China China USA 5% USA 5% 22% Canada
Slide 17: Air & Sea Division – Q2 2006 EBITA
Air & Sea Division – Q2 2006 EBITA • 2005 (actual): DKK 182 million • 2006 (budget): DKK 243 million • 2006 (actual): DKK 254 million 2005 (full year) - actual Q2 2006 - actual Other Far East Australia Australia Other Far East 6% Hong Kong 2% Hong Kong 1% 5% 7% 8% China 6% China Central Europe 8% 1%
Slide 18: Solutions Division
Solutions Division Global Transport and Logistics
Slide 19: Solutions Division
Solutions Division Characteristics • Sizeable player in the core logistics markets (Nordic and Benelux) • Presence in most of Europe Opportunities • Leverage on Road and Air & Sea Divisions • Become a stronger player in non-core markets and grow in these markets Challenges • Integration of Frans Maa
Slide 20: Solutions
Solutions • 650 Employees • Approximately 1.5 million m2 • Supply chain management • Inventory management & replenishment • 3rd + 4th party logistics • Reverse logistics • Consulting services to support our customers´ outsourcing processes Page 20 Global Transport and Logistics
Slide 21: Solutions Division – Q2 2006
Solutions Division – Q2 2006 Turnover EBITA •2005 (actual): DKK 432 million • 2005 (actual): DKK 10 million •2006 (budget): DKK 456 million • 2006 (budget): DKK 24 million •2006 (actual): DKK 476 million • 2006 (actual): DKK 26 million 2005 (full year) – actual turnover Q2 2006 – actual turnover Fin
Slide 22: DSV - Thank you for your attention
DSV - Thank you for your attention Global Transport and Logistics