DSV's Annual General Meeting 2025: A Look into the Company's Future

DSV A/S, a leading global transport and logistics company, has announced its Annual General Meeting (AGM) for 2025, set to take place on March 20. The meeting will provide shareholders with valuable insights into the company's performance, strategic direction, and future plans. This article explores the key aspects of the AGM and their implications for the company's growth and investor sentiment.



Financial Performance and Dividend Proposal

In the run-up to the AGM, DSV reported solid financial results for the full year 2024, driven by continued organic above-market growth. Although gross profit and EBIT before special items decreased slightly compared to 2023, earnings growth returned in the second half of the year. The company's adjusted free cash flow for the year was DKK 5,550 million, and diluted adjusted earnings per share were DKK 51.6 per share. The Board of Directors proposes a dividend per share of DKK 7.00, reflecting the company's strong financial performance and commitment to shareholder value.



Board of Directors' Remuneration and Composition

The Board of Directors has proposed an increase in remuneration for its members for the financial year 2025, reflecting the company's increased organization, complexity, and internationalization. The base fee for ordinary board members will be DKK 800,000 per annum, up from DKK 600,000 in 2023 and 2024. The proposed remuneration structure aims to secure remuneration levels comparable to company peers and attract top talent to the Board of Directors.

The Board of Directors also proposes changes to its composition, with the re-election of five members and the election of two new members with international experience: Natalie Shaverdian Riise-Knudsen and Sabine Bendiek. These changes aim to expand the Board's global perspective, strengthen its skillset, and enhance corporate governance.

Outlook for 2025 and the Schenker Acquisition

DSV's guidance for 2025, excluding the impact of the Schenker acquisition, reflects the company's long-term growth prospects and market outlook. The company targets an EBIT before special items in the range of DKK 15,500-17,500 million, driven by continued organic growth, market outlook, sustainability agenda, and transformational events such as the Schenker acquisition.

The acquisition of Schenker, expected to close in Q2 2025, is a strategic move that will reinforce DSV's platform for future growth. The integration of Schenker's operations is expected to create synergies, streamline processes, and maximize the benefits of the acquisition.



In conclusion, DSV's Annual General Meeting 2025 provides an opportunity for shareholders to engage with the company's leadership and gain insights into its financial performance, strategic direction, and future plans. The proposed changes to the Board of Directors' remuneration and composition, as well as the company's guidance for 2025 and the Schenker acquisition, reflect DSV's commitment to driving long-term growth and creating shareholder value. As the company continues to navigate the complexities of global markets and adapt to changing market conditions, investors can look forward to a promising future for DSV A/S.