Afghanistan reported its first COVID-19 case on February 24, 2020. The tracker includes information that is publicly available or provided by the authorities to country teams and does not represent views of the IMF on the measures listed.īack to Top Afghanistan, Islamic Republic ofīackground. Adding up the different measures-tax and spending, loans and guarantees, monetary instruments, and foreign exchange operations-might not provide an accurate estimate of the aggregate policy support. The information included is not meant for comparison across members as responses vary depending on the nature of the shock and country-specific circumstances. NOTE: The tracker focuses on discretionary actions and might not fully reflect the policies taken by countries in response to COVID-19, such as automatic insurance mechanisms and existing social safety nets which differ across countries in their breadth and scope. +45 43 20 33 92, Christian Krogslund, tel.This policy tracker summarizes the key economic responses governments are taking to limit the human and economic impact of the COVID-19 pandemic. Investor Relations: Flemming Ole Nielsen, tel. Please find the Sustainability Report in full length here. Please find the Annual Report in full length here. Investor teleconferenceĭSV will host an investor teleconference on 2 February 2023, at 11.00 CET. ![]() DSV will monitor activity closely across the organization and adjust its capacity accordingly. DSV expects this negative development in freight volumes to continue in the first part of 2023, but with a recovery in the second half of the year.Īcross all divisions, DSV's aim of taking market share remains intact. ![]() Normally, DSV would expect transport volumes to grow in line with the economy, but in the second half of 2022, volumes declined more than GDP due to reduction of inventory levels and normalization of consumer behaviour after COVID-19. The 2023 outlook assumes a global economic growth in the level of 2-3% in 2023 - with lowest growth rates in the advanced economies. The effective tax rate of the Group is expected to be approximately 24%.EBIT before special items is expected to be in the range of DKK 16,000-18,000 million.We expect this trend will continue into 2023 and this is reflected in our financial guidance, says Jens Bjørn Andersen, Group CEO. Towards the end of the year, our performance was impacted by the general macroeconomic slowdown and a gradual normalization of the freight markets. We also enhanced our climate ambitions and have committed to a net-zero target for CO 2 emissions by 2050. 2022 was an eventful year, and I know that our teams across the organization have worked hard to support our customers as they navigated extremely volatile freight markets and geopolitical unrest. We achieved EBIT growth of 48% and a strong cash flow, driven by good performances across all divisions. While geopolitical and macroeconomic uncertainty persist, DSV continues to focus on customer service and adapting to changing market conditions.ĭSV delivered a strong set of results for 2022.Recognizing its role as one of the world's leading transport and logistics companies, DSV has raised its ambitions and committed to reach net-zero carbon emissions across its operations by 2050.M&A remains an important part of DSV's strategy, and the company continues to monitor the market in search of value creation opportunities. DSV successfully completed the integration of Agility GIL within a year of the acquisition, making the company a top three player in the industry.Towards the end of 2022, the performance of DSV's three divisions was impacted by the general macroeconomic slowdown and the gradual normalization of freight markets. Air & Sea achieved a 53% increase in EBIT before special items, Solutions achieved a 47% EBIT increase, and Road achieved a 9% EBIT increase for 2022.In 2022, gross profit increased by 33%, while EBIT before special items grew by 48% and adjusted free cash flow more than doubled compared to 2021. ![]() DSV delivered a strong result for 2022, driven by good performance across all our business areas.
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