Independent journal on economy and transport policy
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Quarterly revenues in increase of +11.0% for shipowning group Danish DFDS
To the increment they have contributed the acquisition of U.N. Ro-Ro and the new collaboration with Ekol Logistics
May 9, 2019
In the first three months of the 2019 revenues of shipowning group Danish DFDS they are piled to 3,87 billion Danish crowns (518 million euros), with an increment of +11.0% on the correspondent period last year, of which 2,71 billion crowns (+18.0%) generated from the single Ferry division of the group, increase that is effect of the extension of the Network of marine routes of the group to the basin of the Mediterranean that is realized with the acquisition of Turkish company U.N. Ro-Ro, that it has had effect on June 7, 2018(on 7 June 2018), let alone as a result of the acquisition which new customer of the logistic group Turkish Ekol Logistics, with effect from the end of 2018(on 24 December 2018). The EBITDA and the EBIT are attest respective 677 million to crowns (+49.4%) and 219 million crowns (+15.5%). The profit clearly has been of 120 million crowns, with a bending of the -23,3% that derives essentially from smaller financial proceeds for seven million crowns and puts up financial burdens for 56 million crowns.
In the first trimester of this year the fleet of ferries of the group has transported 10,59 million linear meters of rotabili cargos (+11.1%) and 732 thousand fleeting, with a decrease of the -15,9% that is consequence of the difference of the paschal period of the festivity that this year has been carried out in April while in the 2018 they are celebrated in March, but also - it has specified the group - for the loss of market shares.
DFDS previews to record in the entire exercise anniversary clearly a 2019 increase of the +10-12% of the turnover and an EBITDA to the extraordinary voices the pairs to 3,8-4,0 billion crowns regarding 3,59 billion in 2018.
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