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Improved EBIT for Clipper Group

Online Member Access Jun 04 2019

FinanceClipper Group A/S has published its 2018 results which show significant growth for Seatruck Ferries, the Irish Sea niche ro-ro operator which has become the Group’s core business following its divestment in Danske Færger A/S and fleet management, whereas dry bulk activities were transferred to Clipper Bulk Shipping Ltd., a sister company to Clipper Group A/S. The restructuring affected the group’s revenue which almost halved to USD 113 million.

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