DSV Panalpina books USD 977 million operating profit in 2019

DSV Panalpina achieved a USD 977 million operating profit before special items last year. 2019 was a strong year, says CEO Jens Bjørn Andersen. 2020 will be spent growing the company further. Updated.

Photo: Stine Bidstrup/ERH

Logistics and transport major DSV Panalpina's operating profit before special items (EBIT) landed at DKK 6.7 billion (USD 977 million) in 2019, shows the company's annual report published Friday morning. This is an increase compared to 2018's DKK 5.4 billion operating profit.

The after-tax result lands at DKK 3.7 billion compared to nearly DKK 4 billion in 2018.

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