Logistics group DSV demonstrated resilient financial performance in the first quarter of 2026 despite challenging global market conditions, geopolitical instability, and pressure on supply chains. EBIT before special items amounted to DKK 4.855 billion, an increase year-on-year, driven primarily by the integration of the acquired Schenker. Total revenue reached DKK 70.4 billion, while gross profit increased by 78.4% to DKK 18.9 billion, reflecting the scale of business expansion and the impact of asset consolidation.
A key driver of the quarter was the ongoing integration of Schenker, which already covers more than 50 countries and continues to expand, including Germany and the Netherlands. Segments saw mixed performance: Air & Sea posted a 4.9% decline in operating profit due to rate and currency pressures, as well as the impact of the conflict in the Middle East, which complicated maritime and air supply chains. Meanwhile, Road Services grew by 144.1% thanks to the impact of the integration, and Contract Logistics posted a 180.1% increase in EBIT due to high warehouse utilisation and commercial activity.
The company confirmed its 2026 outlook: EBIT before special items is expected to be in the range of CZK 23–25.5 billion, with synergies from the Schenker integration estimated at CZK 9 billion per year, with full impact occurring in 2027. An additional CZK 4 billion in additional synergies is expected in 2026. Despite rising integration costs and ongoing macroeconomic risks, including trade restrictions and geopolitical conflicts, DSV continues its extensive business transformation with a focus on digitalisation, artificial intelligence, and global network optimisation.