STOCK EXCHANGE ANNOUNCEMENT NO. 234
Q1 2007 Report (1 January - 31 March 2007) and announcement of commencement of
share buy-back programme
Revenue amounted to DKK 8,493 million.
Gross profit came to DKK 1,885 million.
Operating profit before special items came to DKK 370 million.
Profit before tax amounted to DKK 317 million.
DSV's share of the profit for the period amounted to DKK 214 million, and the
diluted adjusted earnings per share amounted to DKK 11.
Free cash flow for the period came to DKK 138 million.
Group Management considers the results for Q1 2007 satisfactory.
DSV will launch share buy-backs for DKK 400 million according to the 'safe
harbour' method.
Yours faithfully
DSV
