2021 off to a good start
We came through Brexit better than expected, thanks to our focus on customer needs and thorough preparations. Next on our agenda is the successful integration of HSF Logistics Group.
Fast recovery from Brexit transition
Mediterranean continued its progress
Passenger services remained restricted
EBITDA increased 23% to DKK 750m
Outlook 2021
DFDS’ EBITDA outlook for 2021 was raised on 23 April 2021 following stronger than expected freight results for most business units. Revenue is still expected to grow by 20-25% while the range for EBITDA before special items was raised to DKK 3.2-3.6bn from previously DKK 3.0-3.5bn (2020: DKK 2.7bn). Uncertainty remains high and significant changes to outlook assumptions may still occur in the rest of the year.
A message from our CEO
CEO Torben Carlsen comments on the financial results reported today in DFDS. A fast recovery from Brexit and a strong performance in our Mediterranean Business Unit are some of the highlights of a strong start to 2021 for DFDS.
Brexit: Turning challenges into opportunities
In January and February, Brexit proved to be as difficult as feared but come March things were in a much better place.
From day one of Brexit, it became clear that the transition was not going to be a walk in the park. Trading between the UK and the EU immediately slowed down significantly. The consequences of the Brexit deal made just before Christmas created havoc, especially within the fresh food business. Today most issues have been resolved and DFDS has developed new business areas on the back of Brexit.
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