![Rows of parked cars DFDS automotive industry q1 2018](https://images.ctfassets.net/mivicpf5zews/6K5icDHUAM6IAOiUg06s6O/52e76c87e93e25bedd55160d60516d23/DFDS_automotive_industry_q1_2018.jpg?q=75)
Strong Q1 growth
Both growth and earnings were ahead of expectations in Q1 and our full-year growth expectation is now raised to 4% and to 10% including U.N. Ro-Ro. European growth is robust and continues to support our ferry routes and logistics activities.
9% revenue growth, adjusted
Easter drives 14% passenger growth
19% ROIC before special items
EBITDA up 10% to DKK 453m
![Employee walking past a DFDS vessel and truck Vessel unloading q1 2018](https://images.ctfassets.net/mivicpf5zews/4uwqouQo126eaQOMMYAEmY/b212725ca6d3176711f4d8fcc4f23304/Vessel_unloading_q1_2018.jpg?q=75)
DFDS Outlook 2018
The Group’s revenue, excluding U.N. Ro-Ro, is now expected to increase by around 4% in 2018 up from previously 2%. The increase is due to higher activity for both ferry routes and logistics activities. The Group’s revenue, including U.N. Ro-Ro, is expected to increase by around 10% in 2018. The outlook range for EBITDA before special items was DKK 2,650-2,850m before U.N. Ro-Ro. Including U.N. Ro-Ro, the outlook range for EBITDA before special items is DKK 3,000-3,200m (2017: DKK 2,702m).
Green transport of waste for fuel
RDF – residue-derived fuel – is waste that has been processed and packed in bales so it can be used as fuel in power plants.
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The DFDS share
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