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DSV reported a positive business development in the first quarter of 2026, despite challenging market conditions. According to company information, revenue increased to approximately DKK 70.4 billion, while operating profit (EBIT before special items) grew to DKK 4.86 billion. The integration of Schenker and strong performance in the Contract Logistics sector significantly contributed to this growth.
Growth in Various Areas
The company’s gross profit also improved significantly, particularly in the Road and Contract Logistics sectors. In contrast, the Air & Sea segment showed a slight decline. This decrease is attributed to market pressure, declining margins, and geopolitical influences, such as the conflict in the Middle East.
Despite the increase in operating profit, net profit fell to DKK 1.64 billion. The reasons for this include integration costs for Schenker, higher financing costs, and an increased tax rate.
Strategic Direction and Forecast
DSV’s strategic focus remains on the integration of Schenker, which is progressing as planned. Long-term synergies of around DKK 9 billion are expected. For the full year 2026, DSV maintains its forecast and anticipates EBIT before special items between DKK 23 billion and DKK 25.5 billion. At the same time, the company points out uncertainties that may arise from geopolitical and macroeconomic risks.
Jens H. Lund, Group CEO of DSV, emphasized the resilience of the company’s business model: “In the first quarter of 2026, DSV delivered solid financial performance, with EBIT before special items of DKK 4.855 billion. The results demonstrate the robustness of our business model despite increasingly challenging market conditions and geopolitical unrest.” Lund highlighted that the conflict in the Middle East has exerted additional pressure on customers‘ global supply chains, particularly in the Air & Sea sector. He also emphasized the company’s commitment to providing customers with flexible solutions to ensure uninterrupted service.
DSV continues to focus on the integration of Schenker and the transformation of the company through the use of artificial intelligence and technology to solidify its position as a global industry leader.
