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DFDS improved its profitability during Q1

FinanceDFDS released its Q1 results for 2021. Revenues were slightly down by 1.2% compared to the same quarter last year, ending at DKK 3.768 billion. EBITDA significantly improved by 23% to DKK 750 million.

Q1 2021
• Mediterranean's EBITDA up DKK 101 million
• Freight total EBITDA up DKK 165 million
• High activity on new Irish route
• Acquisition of HSF Logistics Group

Outlook 2021 (raised 23 April)
• EBITDA of DKK 3.2-3.6 billion
• Revenue growth of 20-25%, unchanged

Full report here https://www.dfds.com/en/about/investors/reports-and-presentations/q1-report-2021

Also, DFDS's April volume report https://www.shippax.com/en/press-releases/dfds-as-april-volume-report-freight-up-50-due-to-lockdowns-in-2020.aspx

© Shippax / PR

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