No user image
Sara.Mikunda_43228 Jul 29

DSV Panalpina releases interim financial report

DSV Panalpina releases the interim financial report for half-year 2021
"“We are proud to report strong results for the first six months of 2021..."
Today, DSV Panalpina releases the interim financial report for the first six months of 2021. The results show strong growth in EBIT before special items of 64,7% during the first six months of 2021 compared to the same period in 2020. The great performance was driven by 18% growth in gross profit and a high productivity across all divisions.

Jens Bjørn Andersen, Group CEO: “We are proud to report strong results for the first six months of 2021, where we deliver an EBIT result equivalent to our full-year EBIT of 2019. This is a clear testament to the successful integration of Panalpina and a strong performance by our organisation in an extraordinary market environment. The logistics markets continue to be characterised by tight capacity, congestion and low visibility, and we are doing our best to find solutions for our customers and keep their supply chains flowing.

We still expect to close the Agility Global Integrated Logistics transaction in Q3 2021. The preparations for the integration are tracking the plans, and we look forward to combining the two global networks and creating an industry leader in logistics.”