Q3 results: Better than originally expected

We just published DFDS results for the third quarter.

Operating profit was DKK 846 million, which is DKK 349 million less than last year’s third quarter operating profit. The reduction is mainly due to our passenger business being severely hit by COVID-19 travel restrictions. However, the result is better than originally expected, as the freight businesses of both Ferry and Logistics were above last year’s Q3 results.

Torben says: “Our freight network is as expected proving to be very resilient. We continue to adapt operations to market changes and Brexit. I am pleased to see that all the hard work of our people has helped position us well for the future.”

Link to Q3 announcement.

November 12, 2020