News / Disappointing results for DSV – and Schenker integration will impact revenue

Jochen Thewes, CEO of DB Schenker, with Jens Lund (right)

DSV has revealed more about the Schenker integration as it announced disappointing 2024 results – after a poor fourth quarter. 

Revenues in Q4 fell 1.3% from Q3, to Dkr43.514bn ($6bn), and for the full year rose 10%, to Dkr167bn – but goss profit for the year fell from Dkr43.8bn to Dkr42.9bn.

Revenue in air and sea stayed flat in Q4, but rose for the year by 12% to Dkr104.4bn ? but gross profit fell nearly 5%, to Dkr24.7bn. Gross profit on ...