DFDS: UK stockbuilding raises 2020 EBITDA above outlook range
DFDS’ preliminary, unaudited EBITDA before special items was raised to DKK 2.73bn for 2020 by UK stockbuilding ahead of Brexit that was more extensive than expected. The outlook range was DKK 2.5-2.7bn.
The positive earnings impact of the stockbuilding was partly offset by a reversal in Q4 2020 of a fixed cost government compensation reported in Q2 2020 of DKK 50m. The application for the compensation is withdrawn in view of DFDS’ earnings recovery.
As previously announced, DFDS’ Q4 2020 report and outlook for 2021 is scheduled for release on 10 February 2021.
Jan 14 2021
Most read
Carnival Corporation & plc Q2 2025 Outshines Q2 2024 with Record Revenues and Tripled Adjusted Net Income
Jun 26 2025
DFDS buys Channel Island veteran freight ro-ro COMMODORE GOODWILL
Jun 22 2025
CLdN’s Second G9e Vessel, LEONINE, Is on Her Way
Jul 03 2025
SPIRIT OF TASMANIA V delivered to TT-Line Tasmania
Jun 26 2025
Tersan Builds 60-car Capacity Ferry For Fjord1
Jun 22 2025
Stena Line’s Methanol-Ready Hybrid Ro-Ro Vessel STENA FUTURA Completes Sea Trials
Jun 25 2025
CANOPEE’S Two-Year Journey with OceanWings: Wind Propulsion Proves Effective
Jun 27 2025
Armas Trasmediterránea to Operate Canary Islands–Cádiz Public Interest Line for Another Year
Jun 27 2025
Products
