Revenue increased by 7% in Q2 excluding revenue from bunker surcharges while reported revenue increased by 4% to DKK 3.6bn.

EBITDA before special items increased by 27% to DKK 699m following higher earnings in both the Shipping and Logistics divisions.

The route network carried 33% more freight volumes and 14% more passengers in Q2.

The expanded ferry capacity in the Channel business unit supported 63% higher freight volumes and 23% more passengers. Freight volumes were up by 9% in all other parts of the network while passenger volumes were 3% lower to a large extent due to Easter falling in Q1 in 2016 compared to Q2 in 2015.

The Logistics Division achieved strong earnings growth through higher volumes and efficiency in both trailer operations and contract logistics.

A new share buyback of DKK 350m is launched today. In addition, the planned extraordinary dividend of DKK 2.00 per share to be paid in August has been raised by the Board of Directors to DKK 3.00 per share.

The full-year outlook range for 2016 has been raised following Q2 earnings above expectations and continued positive market trends on many routes in the network and several logistics markets.

The Group's revenue is despite some headwind on currencies still expected to increase by around 6%, excluding revenue from bunker surcharges.

http://www.dfdsgroup.com/Investors/Reports/Documents/2016-Q2-Interim-UK.pdf