Latest news with #Schenker
Yahoo
7 hours ago
- Entertainment
- Yahoo
‘We Will Dance Again' Director & Sipur Studios Strike First-Look Deal
EXCLUSIVE: Israel's Sipur Studios has formalized its relationship with Emmy-winning We Will Dance Again director Yariv Mozer. The pair have struck an exclusive first-look for all Mozer's new projects and development. More from Deadline Gal Gadot Clarifies 'Snow White' "Didn't Fail Solely" Because Of Israel Support, Despite "Almost Visceral" Fan Response John Oliver Urges End To U.S. Complicity In Israel's Blockade: "Gaza Is Being Starved By Israel" Filmmakers Step Up Pressure On Mubi Over Investment From Israeli Defence Start-Up Backer Sequoia Capital They have worked together on a number of shows including, most prominently, We Will Dance Again, the October 7 documentary about the tragedy at the Nova Music Festival. The 2024 co-production between Sipur and factual producer Bitachon 365, in collaboration with MGM Television, appeared on Paramount+ in the U.S., BBC Storyville in the UK, RTL Germany and Israel's HOT 8. Mozer also directed the documentary Ben-Gurion, Epilogue (2017) and garnered critical acclaim for The Devil's Confession: The Lost Eichmann Tapes (2022), which Sipur co-produced with KAN11 and MGM Television. Like We Will Dance Again, both films received Israeli Academy Awards. Sipur boss Emilio Schenker said the move 'cements a longstanding partnership' between Sipur and Mozer. 'Yariv's talent, sensitivity, heart and unwavering commitment to telling the truth – no matter how difficult – make him such a brilliant filmmaker,' he added. 'One needs to look no further than his riveting, Emmy Award-winning documentary We Will Dance Again, honoring the victims and survivors of October 7, to understand what an incredible director he is. This film is truly a consequential work.' Mozer called Sipur 'the home where I've found the freedom and support to tell meaningful stories.' We Will Dance Again won the recent Emmy for Best Current Affairs Documentary and Schenker dedicated the award to the late Sipur President Michael Peter Schmidt. Schenker recently spoke to us about Sipur's international plans and detailed projects the Bad Boys studio has boarded including Hagai Levi series Etty. Mozer, whose deal with Sipur was negotiated by his agent, Niv Eshet Cohen, is a board member of the Israeli Academy of Film and Television and a graduate of Tel Aviv University, where he now of Deadline 2025 TV Series Renewals: Photo Gallery 2025 TV Cancellations: Photo Gallery Everything We Know About 'The Boys' Prequel Series 'Vought Rising' So Far
Reuters
31-07-2025
- Business
- Reuters
Freight group DSV operating profit misses forecast as road business weakens
COPENHAGEN, July 31 (Reuters) - Global freight company DSV ( opens new tab reported quarterly operating profit before special items slightly below expectations on Thursday as its road business underperformed due to weaker conditions in the United States and some markets in Europe. Chief Financial Officer Michael Ebbe also said that trade tensions remained as communications around tariffs in particular contributed to volatile markets. "Whenever it's announced that there will be tariffs, then you can say there is a stop and go in the trade flows," he told Reuters. "What is good now is that we get more and more certainty about the tariffs... It gives the investors and the companies some comfort and also some certainty as to how we have to operate in the future," he added. The world's largest logistics company posted a second-quarter operating profit before special items of 4.73 billion Danish crowns ($725 million), slightly below the 4.85 billion crowns expected by 19 analysts in a company-provided poll. Shares in DSV were down 1.7% by 1000 GMT. DSV kept its outlook for an operating profit before special items this year of between 19.5 billion and 21.5 billion crowns. It also still expects annual synergies from its acquisition of Schenker, the logistics arm of Germany's Deutsche Bahn, of around 9 billion crowns ($1.4 billion) by the end of 2028. While the company said the integration of Schenker was off to a strong start, Jyske Bank analyst Haider Anjum said the market had expected an even faster process as with previous acquisitions, causing DSV shares to slide. "The reason why you can't do it (quick integration) this time is that the acquisition of DB Schenker is significantly larger than previous acquisitions and there is a lot more to get a handle on," Anjum said. ($1 = 6.5263 Danish crowns)
Yahoo
31-07-2025
- Business
- Yahoo
DSV, 1159 - INTERIM FINANCIAL REPORT H1 2025
Company Announcement No. 1159 Stable organic financial performance and strong start to the integration of Schenker in a challenging market environment The integration of Schenker is off to a strong start both commercially and organisationally, with integration of the first countries set to commence in Q3 2025. Reaffirming expected synergies in the level of DKK 9 billion by the end of 2028. The DSV Group reported EBIT before special items of DKK 4,725 million in Q2 2025 driven by stable organic performance and a solid contribution of DKK 925 million from the acquisition of Schenker, despite a challenging market environment. Adjusted free cash flow of DKK 3,982 million in Q2 2025 with adjusted cash conversion of 143%, contributed to the deleveraging, resulting in a pro forma gearing ratio of 2.7x. Full-year 2025 guidance for EBIT before special items remains unchanged in the range of DKK 19.5 - 21.5 billion. Market development remains highly uncertain due to the current situation related to trade tariffs and macroeconomic outlook. Jens H. Lund, Group CEO: 'The second quarter has been extraordinary, with the completion of the acquisition of Schenker. While delivering on our financial expectations with stable organic earnings and a positive contribution from Schenker, we continue our commercial approach by servicing our customers in a highly volatile and unpredictable market. The integration of Schenker is off to a strong start, with the establishment of a new global leadership team. We have also engaged in close dialogue with our customers to ensure a smooth transition. In addition, we have held thorough and constructive negotiations with works councils in Germany, resulting in a frame agreement that will allow us to move forward with the integration and reduce uncertainty for employees and customers. We are confident that this acquisition will deliver significant benefits to our customers and create long-term value for our shareholders.'Selected key figures and ratios for the period 1 January – 30 June 2025 Q2 2025 Q2 2024 YTD 2025 YTD 2024 Key figures (DKKm) Revenue 61,983 41,157 103,663 79,497 Gross profit 17,241 10,841 28,232 21,106 Operating profit (EBIT) before special items 4,725 4,099 8,585 7,740 Profit for the period 2,356 2,712 5,168 5,105 Adjusted earnings for the period 3,059 2,790 5,932 5,253 Adjusted free cash flow 3,982 1,229 7,147 1,672 Ratios Conversion ratio 27.4% 37.8% 30.4% 36.7% Diluted adjusted earnings per share of DKK 1 for the last 12 months 51.5 52.7 Performance in Q2 2025While market conditions in Q2 2025 have been challenging and volatile for global trade due to the uncertainties related to trade tariffs, geopolitical issues and the macroeconomic outlook, DSV reported EBIT before special items of DKK 4,725 million compared to DKK 4,099 million in the same period last year. The growth in EBIT before special items was driven by stable organic performance, especially in Air & Sea, and positive contribution of DKK 925 million from the acquisition of Schenker. The Air & Sea division reported a higher EBIT before special items of DKK 3,461 million, compared to DKK 2,898 million in the same period last year with positive organic earnings growth due to higher gross profit combined with a solid contribution from Schenker. Road reported a lower EBIT before special items of DKK 520 million, compared to DKK 549 million in the same period last year. While Schenker contributed positively to earnings, the performance in the division was negatively affected by the overall low activity level and weak market conditions within some markets in Europe and the US. Contract Logistics reported a higher EBIT before special items of DKK 724 million, compared to DKK 661 million last year, based on a positive contribution from Schenker and a soft organic earnings performance. The division continues to focus on improving margins and return on invested capital through strict cost control and commercial initiatives. The acquisition of Schenker was completed on 30 April 2025 with two months of financial contribution to DSV in Q2 2025. The integration is off to a strong start with the global leadership team in place after the appointment of more than 500 executives already by May 2025. After thorough and constructive negotiations with German works councils, we have negotiated a frame agreement. This will allow us to begin the integration in Germany in H2 2025 and hereby reduce the uncertainty for employees and customers. The integration of the first countries will commence in Q3 2025, with the Air & Sea activities first in line. With reference to DSV's Announcement No. 1149 and Announcement No. 1154, DSV's Board of Directors intended to nominate former CEO of Schenker, Jochen Thewes, for election to the Board of Directors. However, Jochen Thewes has recently accepted an executive position, starting late this year, at a company investing in global supply chains, and the DSV Board of Directors and Jochen Thewes have agreed not to proceed with his nomination to the Board, as his new role is not considered compatible with a seat on the DSV Board. Board succession planning is ongoing, and the Board of Directors intends to nominate an additional member for shareholder approval. Outlook for 2025Based on the performance in H1 2025 and the expectations for H2 2025, the full-year outlook for 2025 is as follows: EBIT before special items in the range of DKK 19.5 - 21.5 billion (unchanged). A limited part of the total synergies related to the Schenker integration still expected in 2025 in the range of DKK 500-600 million. Amortisation of purchase price allocations below DKK 500 million (previously DKK 500 million). Special items related to restructuring and integration costs in the range of DKK 2.0-2.5 billion (unchanged). The effective tax rate is expected in the range of 26-28% (previously approximately 24%). During the integration of Schenker, we expect an elevated effective tax rate with the long-term effective tax rate still expected at 24%. The current uncertainties related to trade tariffs, the geopolitical landscape, including the Red Sea situation and macroeconomic factors, which all can impact the global trading environment and activity level, remain uncertain, and unforeseen changes may impact our financial expectations. We continue to monitor activity across our organisation, and we will adjust capacity and our cost base if needed. Synergies and integration costs related to SchenkerWe maintain our expectation of achieving annual synergies at the level of DKK 9 billion by the end of 2028, when the majority of the integration is expected to be completed. We expect that around 50% of the integration will be completed by the end of 2026 and 75% by the end of 2027. Total transaction and integration costs are still expected to be in the level of DKK 11 billion with the majority of the cost expected in 2026 and 2027. These costs will be charged to the statement of profit and loss as special items during the integration RelationsStig Frederiksen, tel. +45 43 20 36 38, Plenborg, tel. +45 43 20 33 73, MediaJonatan Rying Larsen, tel. +45 25 41 77 37, press@ Yours sincerely, DSV A/S Attachment 1159 - Announcement (31.07.2025) - INTERIM FINANCIAL REPORT H1 2025Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Reuters
31-07-2025
- Business
- Reuters
Logistics group DSV's operating profit slightly below forecast
COPENHAGEN, July 31 (Reuters) - Global freight company DSV ( opens new tab reported second-quarter operating profit before special items slightly below expectations on Thursday and maintained its outlook for the year. DSV, the world's largest logistics firm, posted a second-quarter operating profit before special items of 4.73 billion Danish crowns ($724.76 million) compared to the 4.85 billion crowns expected by 19 analysts in a company-provided poll. The company kept its outlook for an operating profit before special items this year of between 19.5 billion and 21.5 billion crowns after including the impact from its acquisition of Schenker, the logistics arm of Germany's Deutsche Bahn. "We continue our commercial approach by servicing our customers in a highly volatile and unpredictable market," CEO Jens Lund said in a statement. ($1 = 6.5263 Danish crowns)
Forbes
26-06-2025
- Business
- Forbes
This Creator-Backed Startup Went From Social To Walmart In Record Time
FaZe Rug and 1UP 1UP The rise of creator-led brands is reshaping how consumer goods reach market. From beauty to beverages, creators are stepping into operational roles, and the candy aisle is no exception. 1UP Candy, co-founded with YouTube creator FaZe Rug, scaled from idea to shelves at Walmart in just four months, offering a window into how digital influence can drive fast-paced brand launches. The Gen Z-focused, creator-led candy company has managed what many CPG startups can only dream of: going from idea to Walmart shelves nationwide in just four months. The story begins with a challenge. "We started with kind of a test and learn approach," said Michael Schenker in an interview, one of the co-founders behind 1UP. "We developed what we termed as our sour gummy challenge... and what came out of that was something we didn't expect, which was just organically driving over a billion impressions on TikTok." That viral success caught the attention of retail giant Walmart. But behind the scenes, things were less polished. "At that time, we honestly did not have a supply chain. We did not have products," Schenker said in the same interview. "And in a matter of three or four months we figured it out. " A key part of 1UP's strategy was enlisting FaZe Rug, one of Gen Z's most trusted voices, as a co-founder. Rug, whose real name is Brian Awadis, is a massively popular YouTube creator and founding member of FaZe Clan. With over 30 million followers across platforms and a reputation for family-friendly, high-engagement content, he represents the archetype of an authentic digital influencer. "We knew based on a relationship we had with FaZe Clan that FaZe Rug had an affinity for the category," explained Chris Koch in an interview, another co-founder. "He had talked about it organically and authentically across his platforms for years... and he was hitting the demo on the head in terms of Gen Z and Gen A." Rug was deeply invovled, from flavor ideation to buyer meetings. "From day one... he was very involved in some of those flavor profiles," said Schenker. "What you'll see is that he authentically integrates this into his content. It's not forced." What Makes a Creator a Co-Founder According to a 2025 NIQ report, Gen Z consumers are increasingly drawn to products that resonate with their lifestyle values and are promoted through authentic channels, especially on social platforms. This shift makes creator alignment a strategic imperative for brands aiming to grow in this demographic. This authenticity is central to how 1UP thinks about creator partnerships. Koch shared their criteria: "There has to be alignment in terms of consumer profile... and then we need to meet that person... to see firsthand what kind of buy-in and appetite really looks like." Engagement metrics, not just follower counts, matter. "Unless their engagement and ability to convert is extremely high, we care less about the follower size and more about their ability to drive traffic," Koch said. "Follower count is nice, but conversion is everything." In addition to FaZe Rug, the playbook is being written by others. Logan Paul and KSI co-founded Prime, which became a beverage behemoth. Emma Chamberlain's Chamberlain Coffee is a standout in the coffee space. Mark Rober's CrunchLabs subscription box marries content and product seamlessly, while MrBeast's Feastables proves that large creator followings can translate into snack aisle dominance when backed by strong product and business infrastructure. These examples highlight how creators are moving beyond endorsement deals into meaningful ownership and operational roles. Forbes How Creators Are Building 7-Figure Products, Without Millions Of Views By Ian Shepherd The Business Model: Equity and Royalties There are several business models in the creator economy. Some creators take cash deals to endorse a brand. Others receive affiliate revenue or short-term campaign fees. At the more serious end of the spectrum, creators become equity stakeholders, co-founders, or even full operators of new ventures. The approach depends on the level of creator involvement and long-term vision. The 1UP team leans toward the more committed end of the spectrum. "We incentivize talent through a talent equity pool... as well as a royalty," said Koch. "That way, talent aren't just betting on a future outcome that might never happen." This dual structure, equity for long-term upside, royalties for short-term participation, ensures creators stay financially aligned while also seeing immediate rewards. It's a model designed to turn influencers into true entrepreneurial partners, rather than transient brand ambassadors. While this approach may not fit every creator-brand collaboration, it's especially potent in categories that require deep creator involvement, product iteration, and long-term storytelling. Scaling at Speed: The Walmart Breakthrough While many creator-led brands have fizzled after early hype, 1UP is thinking long-term. "Start with the consumer problem and the product," said Schenker. "If you do that well, then the celebrity is just the hack and the accelerator." Their pitch to Walmart happened before they had a product or supply chain in place. "We were really confident in our ability to do all that," Schenker said. "And so in a matter of three or four months we figured it out." The result was 1UP landing shelf space in one of the world's biggest retailers in record time. Forbes How Top Creators Outsmart The Algorithm By Ian Shepherd Product Innovation and Expansion From launching freeze-dried sour strips to expanding into Circle K with sour chews, 1UP continues to innovate. Their product playbook involves analyzing trends and listening to the consumer. "Freeze-dried was on fire," said Schenker. "Sour Strips were on fire for Gen Z, Gen A, and no one had done it." Their next move? Mexican-inspired gummies and a growing pipeline of protein-based products. "We're really interested in protein right now," said Koch. "We'll be bringing two different concepts to market focused within that category." Retail Meets DTC: The Channel Strategy While 95% of candy purchases happen at retail, 1UP sees DTC as a key lever for testing and limited drops. "We see a lot of opportunity DTC to launch new products, do limited drops, get consumer feedback," said Schenker. "But ultimately, everything's got to lead back to retail." Lessons from Other Creator-Led Brands Schenker and Koch admire other successful creator ventures, including Prime by Logan Paul and KSI, and Joyride by Ryan Trahan. "Ryan is the type of person that's clearly putting in the work and invested in the brand," Schenker said. "And Rhode with Hailey Bieber made a lot of sense." The consistent theme? The creator must go all in. "It has to be a consumer product that solves the problem and it has to be a talent that is actually putting in 100% of their life into the brand," said Schenker. Scaling Without Sacrificing Creative Vision One of the consistent challenges in creator-led businesses is balancing rapid growth with authenticity and product quality. Saurabh Shah, CEO of Warren James, a company that builds product lines for creators like Hasan Piker and Brittany Broski, emphasizes this tension. 'We're professionals in diversifying a creator's revenue,' Shah said. 'But we go far beyond screen printing and t-shirts, we've done plush toys, food and beverage, comics. Each one is deeply tied to the creator's IP and built to last, not just ride a trend.' Forbes The Secret Strategies Behind the Creator Economy's Best-Selling Products By Ian Shepherd The Future of Creator-Led Brands What does the future look like for creator-led businesses? Koch believes the trend is far from over. "Consumers are actively looking for connections, personal connections to brands, through people of influence," he said. He also predicts a shift away from oversaturated categories like spirits and beauty. 'We're always looking for what we would call the less sexy categories that are in need of the right talent backing.' Key Takeaways for Brands Exploring Creator Partnerships Start with a real consumer problem: Don't chase trends. Identify a gap in the market and build your product to solve it. Choose creators with authentic interest: Look for talent who already engage with your product category, not just big follower counts. Engagement over vanity metrics: A smaller audience with high conversion is more valuable than millions of passive followers. Structure for success: Offer creators both equity and short-term incentives like royalties to ensure full commitment. Build the business beyond the creator: The product must stand on its own. Celebrity should accelerate, not substitute, strong fundamentals. Use DTC as a test lab: Run limited drops to gauge demand, refine offerings and create buzz before scaling to retail. Think beyond saturated markets: The biggest wins may come from less obvious categories where innovation is overdue. By applying these principles, brands can go beyond influencer marketing and build enduring creator-led companies. This article is based on an interview from my podcast, The Business of Creators .
