DSV Panalpina has posted positive results for the first six months of the year, showing strong growth in Ebit before special items of 64.7% compared to the same period in 2020.
The performance was driven by 18% growth in gross profit and high productivity across all divisions, according to a statement released by the company.
“For the first six months we have delivered an Ebit result equivalent to our full-year Ebit of 2019,” said Group CEO Jens Bjørn Andersen. “This is a clear testament to the successful integration of Panalpina and the strong performance by our organisation in an extraordinary market environment. The logistics markets continue to be characterised by tight capacity, congestion and low visibility, and we are doing our best to find solutions for our customers and keep their supply chains flowing.”
He said the company expected to close the Agility Global Integrated Logistics transaction in Q3 2021 – and that plans were on track.