Independent journal on economy and transport policy
04:44 GMT+1
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Decided improvement of the economic performances of DFDS in the third trimester
Announced the start of a new program of purchase of actions own
August 21, 2014
In according to trimester of this year shipowning group and logistic Danish DFDS has recorded an sensitive improvement of the economic results having had concluded the period with a profit of clearly 195 million Danish crowns (26 million euros) on revenues for 3,31 billion Danish crowns, with increments respective of +147% and +8% regarding 79 million and 3,05 billion Danish crowns in the period April-june of 2013. EBITDA and EBIT are increased respective of +31% and +93% to 403 million and 237 million Danish crowns.
"The quarterly result - the managing director of the group has commented, Niels Smedegaard - has been newly light advanced up to our expectations and also July, the first month of the third trimester who represents our period of peak season, has been slightly to above of the forecasts. We consider - Smedegaard has explained - than our services of transport and of logistics in Europe North they will continue to grow moderately, considering that the conflict between Russia and Ukraine is having an impact negative on some routes of our Network in the Baltic Sea".
DFDS has closed the first semester of the 2014 with a profit of clearly 72 million Danish crowns on revenues for 6,15 billion Danish crowns respect to a net loss of -45 million Danish crowns on revenues for 5,76 billion Danish crowns in the first half last year. EBITDA and EBIT have grown respective of +21% and +224% to 494 million and 159 million Danish crowns.
In occasion of the today's presentation of quarterly results DFDS it has communicated the next start of a new program of purchase of actions total own for 200 million Danish crowns that are previewed will begin at the beginning of the next month to conclusion of the completion of the current program of buy back.
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In according to trimester of this year shipowning group and logistic Danish DFDS has recorded an sensitive improvement of the economic results having had concluded the period with a profit of clearly 195 million Danish crowns (26 million euros) on revenues for 3,31 billion Danish crowns, with increments respective of +147% and +8% regarding 79 million and 3,05 billion Danish crowns in the period April-june of 2013. EBITDA and EBIT are increased respective of +31% and +93% to 403 million and 237 million Danish crowns.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
