Q2 2018 - Acquisitions fuel growth
We are pleased to deliver a solid result for Q2. Despite the current situation in Türkiye we are progressing well with the integration of the new ferry operation between Europe and Türkiye and on track for completion this year. We continue to monitor other opportunities to grow and create value.
6% revenue growth
U. N. Ro-Ro consolidated since 7 June
EBITDA up 9% to DKK 802m
Outlook unchanged
DFDS Outlook 2018
DFDS Outlook 2018 The earnings outlook is unchanged with a range for EBITDA before special items of DKK 3,000-3,200m (2017: DKK 2,702m). Due to the recent sharp depreciation of TRY, the outlook is associated with a higher level of uncertainty than usual. The Group’s revenue is still expected to increase by around 10% in 2018. Investments are lowered DKK 200m to DKK 5.0bn primarily due to a lower equity value price for U.N. Ro-Ro than previously expected.
New freight ferry ordered to accommodate growth
DFDS has ordered an additional freight ferry (ro-ro) newbuilding from the Chinese Jinling Shipyard.
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