Independent journal on economy and transport policy
11:47 GMT+1
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Decided improvement of the economic results of shipowning group DFDS
the board of directors has proposed of giving course to a share division
August 20, 2015
Shipowning group Danish DFDS, than work marine services for goods and passengers in the Sea of the North, the Baltic Sea and the English Channel through company DFDS Seaways and logistic services through the DFDS Logistics, has concluded the second trimester of this year with a profit of clearly 262 million Danish crowns (35 million euros), with an increment of +35% regarding 195 million Danish crowns in the period April-june of 2014. The revenues have grown of +4% attesting itself to 3,43 billion Danish crowns and the operating profit is piled to 346 million Danish crowns (+46%).
DFDS has announced that in according to trimester of the 2015 all marine activity operated by the group have recorded considerable performances, in particular in the fleeting segments of the transport and the services in the Handle. Moreover the increase of the traffic of the goods and the passengers has turned out more consisting on the routes with the United Kingdom.
In entire the first semester of the 2015 DFDS it has recorded a profit of clearly 235 million Danish crowns on revenues for 6,36 billion Danish crowns, with increments respective of +226% and +3% on the first half last year. The operating profit has been pairs to 373 million Danish crowns (+135%).
While the board of directors of the Danish shipowning group has proposed of giving course to a share division, subdividing each action of the value of 100 Danish crowns in five sets in action of the value of 20 crowns. DFDS has explained that during the last few years the unit price of the actions of the group has grown to beyond 900 Danish crowns and the division has the scope to determine a greater liquidity of the titles and to return them more accessible to a immenser audience than investor.
The current capital stock of the group of the value of 1,265 billion Danish crowns is subdivided in 12,65 million sets in action. With the stock split, than it does not involve alterations in the capitalization, the capital stock would be subdivided in 63,25 million sets in action. If such operation already were put into effect, the price of a single action DFDS that yesterday had a closing quotation pairs to 944 Danish crowns would have been instead pairs to 189 Danish crowns.
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