DSV reported a 76 percent increase in air freight revenue to DKK 25 billion ($3.5 billion) for the second quarter ended June 30, 2022 compared to DKK 14.2 billion ($1.9 billion) in Q22021 on 15 percent increase in volume to 402,594 tonnes.
For the first six months of the current financial year, air revenue increased 81 percent to DKK 49.2 billion ($6.9 billion) on 18 percent increase in cargo carried to 813,505 tonnes.
The air & sea division reported more than doubling of earnings to DKK 6 billion ($840 million), driven by the inclusion of Agility’s Global Integrated Logistics (GIL) business and strong gross profit yields.
Group revenue increased to DKK 62.7 billion ($8.8 billion) for Q22022 and DKK 123.8 billion ($17.3 billion) for H12022. Operating profit more than doubled to DKK 7.4 billion ($1.04 billion) for Q2 and DKK 13.9 billion ($1.95 billion) for H12022.
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