DSV AS - Company Strategy & Performance Analysis
DSV AS is a global provider of transport and logistics services, with offices in more than 80 countries and an international network of partners and agents. It offers its services across various industries, including the automotive, petrochemical, energy and mining industries, consumer products, healthcare, high-tech logistics, and oil and gas. Its service portfolio includes air freight, on-board courier, sea freight services, break bulk, sea containers, full loads, part loads and groupage, specialized transport, customer care support, logistics solutions and industrial logistics.
MarketLine Premium’s company strategy reports provide in-depth coverage of the performance and strategies of the world’s leading transport and logistics companies. The report details company operations in key geographies and offers a comprehensive analysis of each firm’s growth strategy and financial performance. The reports benchmark company performance via key indicators, including air freight revenue, sea freight revenue, air freight volume, sea freight volume, operating income, net income, Total revenue.
The acquisition of UTi has contributed to growth in DSV’s Air and Sea segment
DSV Air & Sea is specialized in transporting air and sea freight to destinations across the world. It also provides hazardous sea cargo, sea compliance, dry containers, reefer containers, open top containers, flat rack containers, and platform containers. The revenue of the Air & Sea segment increased from US$3,162.5m in 2015 to US$4,653.3m in 2016, an increase of 41.8%. Due to the acquisition of UTi, the company’s freight volumes for both air and sea have increased significantly. Air and sea freight volumes increased at 29.9% and 71.9%, respectively. Europe, Middle East and Africa was the largest geographical segment of DSV Air and Sea.
Increase in road activities in the US and South Africa have driven the revenue growth of the DSV Road segment
DSV Road is one of Europe’s leading providers of road freight. It offers both groupage, part loads and full loads as well as more specialized services, including temperature-controlled transportation. DSV Road's revenue increased from US$3,522.6m in 2015 to US$4,023.2m in 2016, an increase of 14.2%. The increase is attributed to the addition of UTi activities in USA and South Africa. The higher activity levels in Europe also contributed to the growth in the segment. Europe, Middle East and Africa accounted for 92.0% of the total segment revenue, followed by America.
Organic growth strategy drives the revenue growth of the DSV Solutions segment
DSV Solutions offers specialized logistics solutions across the entire supply chain, including freight management, customs clearance, warehousing and distribution, information management, and e-business support. DSV Solutions' revenues increased from US$862.7m in 2015 to US$1,380.1m in 2016, an increase of 60.0%. The increase was due to organic growth in the existing DSV business, mainly from existing customers, and also because of the acquisition of UTi.
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