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Torben Carlsen, CEO of DFDS

Torben Carlsen, CEO of DFDS

DFDS experienced higher earnings in all business units in Q3

Online Member Access Nov 18 2022

FinanceRevenue for DFDS in Q3 increased 64% to DKK 7.2 billion driven by the continued recovery in passenger numbers and spending as well as price increases for freight services to cover rising energy and other costs. The acquisitions of HSF Logistics Group in September 2021 and ICT Logistics in January 2022 also affected positively. Total EBITDA before special items increased 88% to DKK 1.59 billion. The EBITDA for freight ferry and logistics activities increased 28% to DKK 1.04 billion driven by higher earnings in all business units except for Channel.

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