Growth set to continue in 2019
Q4 Report 2018
DFDS reached a new all-time high result in 2018 and growth is set to continue in 2019 on the back of the recent expansion in the Mediterranean. Timely investments in new freight ferry capacity will support our customers’ growth, and we are also well prepared to help them through any Brexit outcome.
Q4 revenue up 13% to DKK 4.0bn
Q4 EBITDA up 20% to DKK 688m
Full-year revenue up 10% to DKK 15.7bn
Full-year EBITDA up 11% to DKK 3.0bn
Q4 and full-year report 2018
DFDS Outlook 2019
Five key DFDS performance drivers are expected to positively impact 2019:
- Growth from Mediterranean expansion
- Well prepared for Brexit
- Route network strengthened by new freight ferries
- Digital business projects to go live
- Improvement and efficiency projects
In combination, these drivers are expected to be the main contributors of revenue and earnings growth in 2019.
The Group’s revenue is expected to increase by 10-12% in 2019. Based on IFRS 16, the outlook range for EBITDA before special items is DKK 3,800-4,000m (2018 restated to IFRS 16: DKK 3,589m).
New freight ferry ordered to accommodate growth
DFDS has ordered an additional freight ferry (ro-ro) newbuilding from the Chinese Jinling Shipyard.
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