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Q3 2019: Outlook reaffirmed

Q3 2019: Outlook reaffirmed

DFDS’ ferry routes are part of Europe’s infrastructure, providing vital services for trade and travel. We are exposed to market developments in the regions we serve but the business model is resilient, and earnings remain robust despite the current headwind for trade.

2017 Q2 Revenue icon
Revenue up 2% to DKK 4.5bn
2019 Q3 Profit
EBITDA on level at DKK 1.2bn
2019+Q3+4
Profit before tax up 4% to DKK 647m
2019+Q3 Narrow
EBITDA outlook range narrowed

DFDS Outlook 2019

Due to the ongoing European slowdown, expected revenue growth is now around 6% (previously: 6-8%).

To reflect a reduced risk of a no-deal Brexit occurring in 2019, the outlook range for EBITDA before special items is narrowed to DKK 3.55-3.75bn (previously: DKK 3.5-3.8bn), (2018 restated to IFRS 16: DKK 3,589m).