Independent journal on economy and transport policy
07:37 GMT+2
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DFDS accusation the impact of the economic recession in Europe
the shipowning group previews to conclude 2012 with an inferior operating profit to the waits
August 21, 2012
Shipowning group Danish DFDS previews to close the exercise anniversary 2012 with an operating profit (EBITDA) inferior regarding the precedence esteem. The waited for result is time of 1.150-1.200 million Danish crowns (154-161 million euros) respect to an EBITDA of 1.300-1.350 million Danish crowns previewed previously.
In according to trimester of this year lasting of the recession in numerous European nations - he has explained the group - it has caused to a decrease of the question of transport of goods and passengers and the results achieved in the period have been inferior to the expectations. DFDS has archived item the second trimester of 2012 with a profit before taxes of 23 million Danish crowns on revenues for 2.971 million Danish crowns, with decreases respective of 92% and 3% on the correspondent period last year. The EBITDA before the extraordinary voices is piled to 293 million Danish crowns (- 36%) and the EBIT before the extraordinary voices to 125 million Danish crowns (- 57%).
"Regarding last year - it has specified the managing director of DFDS, Niels Smedegaard - the result of the trimester it is diminished remarkablly since in the 2011 resumption it has reached the peak in according to trimester, period after which is begun the current economic crisis. Therefore in the course of next the six months we preview to obtain last year turned out nearer the performances".
In entire the first semester of the 2012 group respect to a profit of clearly 278 million Danish crowns has totaled a net loss of 106 million Danish crowns on revenues for 5.645 million Danish crowns on revenues for 5.769 million Danish crowns in the first half last year. The EBITDA is piled to 402 million Danish crowns (- 36%) and the EBIT has been negative for 74 million Danish crowns respect to a positive result for 308 million Danish crowns in the first six months of 2011.
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