Major key figures of the Interim Financial Report for the period ended 30 September 2009

• Revenue amounted to DKK 26,941 million
• Contribution margin came to DKK 6,735 million
• Contribution ratio was 25.0%
• Operating profit before special items (EBITA) came to DKK 1,269 million
• Profit before tax amounted to DKK 347 million
• DSV's share of the profit for the period amounted to DKK 99 million
• Diluted adjusted earnings per share were DKK 2.8 for the period, which
amounts to an annualised figure of DKK 4.3
• Free cash flow for the period adjusted for the acquisition of enterprises
amounted to DKK 1,005 million

The results for the first nine months of 2009 are deemed satisfactory.


Outlook for 2009
The forecasted annual earnings measured by EBITA is maintained at DKK 1,750
million despite the estimated lower increase in revenue. Revenue is expected to
be lower mainly because the increase in freight rates came later than
anticipated.

Profit after tax will be adjusted due to an extraordinarily high effective tax
rate in 2009. Expected free cash flow, adjusted for acquisitions and
divestments, is increased to approx. DKK 1,000-1,100 million.

Full-year 2009 outlook is now:
• Revenue is expected to be in the range of DKK 36,000-36,500 million
• Contribution margin is expected to be DKK 8,900 million
• Operating profit before special items (EBITA) is still expected to be DKK
1,750 million
• Net profit for the year is expected to be DKK 300 million
• The expected free cash flow adjusted for the acquisition of enterprises is
increased to approx. DKK 1,000-1,100 million