Chevron pointing rightFacebookLinkedInTwitterEmailFacebooklinkedInBlogYouTubeInstagramArrow downExternal link (before text)Toggle menu and search iconLoginTriangle pointing upSearch (magnifying glass)Cross (close)Passenger ferriesBoatTruckAbout usDownloadCustomer center iconFerry crossingBusiness cruiseCruises and packagesGroupsAutomotiveHazardous cargoIndustrial cargoISO containerMobile machineReefer containerReefer trailerSelf-driveTrailerBulk liquidPdfSwitch-arrowsCheckmarkThree dotsCross with circleFlag nl-BEFlag fr-BEFlag sv-SEFlag da-DKFlag nlFlag etFlag fiFlag deFlag itFlag lvFlag ltFlag nnFlag ruFlag esFlag plFlag frFlag en (UK)Flag en (US)Flag en (Global)Flag pt (BR)Flag en (CA)Flag zh (CN)Flag cs (CZ)Flag ee (EE)Flag ja (JP)Flag ko (KR)Flag ro (RO)Flag sk (SK)Flag bgAlertOutbound and Returntickmarknumber of sailingsdruration of sailingdrive onsea view cabinbooking deadlinedrive on cycle onconcert ticketmatch ticketbus transfercurrency DKKcurrency €currency poundcurrency %romantic mealnights on boardmealromantic nights on boardnights in cityromantic cityfamily city
DFDS uses cookies to give you the best experience on our website.GDPR-READMORE
GENERAL-REJECT

Copenhagen, September 15, 2014

CLOSURE OF LOSS-MAKING ROUTE

DFDS plans to close the Le Havre-Portsmouth route at the end of 2014 due to continued losses

  • Le Havre-Portsmouth to close at the end of 2014

Due to continued losses, DFDS has today started consultations with French unions about plans to close the Le Havre-Portsmouth route at the end of 2014. The route is part of DFDS’ business unit France & Mediterranean.

The route carried 185,000 passengers and 480,000 lanemetres of freight in 2013 generating revenues of DKK 165m. The route is serviced by a time-chartered ro-pax ship, including crew, which will be redelivered to its owner at the end of 2014.

A number of initiatives to improve the route’s financial performance since the route was taken over from Louis Dreyfus Armateurs in 2012 have had limited effect. Given the unsatisfactory financial results, the measures already taken and the new sulphur emission rules coming into force on 1 January 2015, the route does not have a viable future.

A closure of the route will primarily entail redundancy costs for shore staff which are expected to amount to around DKK 15m and be recognised in the income statement as a special item.

For the DFDS Group, special items for the full-year 2014 are now expected to amount to a cost of DKK 50m from previously a cost of DKK 35m. The Group’s full-year outlook is otherwise unchanged.

Contact persons Niels Smedegaard, CEO +45 33 42 34 00

Torben Carlsen, CFO +45 33 42 32 01

Søren Brøndholt Nielsen, IR +45 33 42 33 5