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GENERAL-REJECT

Q3 2017 - ON TRACK FOR RECORD RESULT

Q3 2017 - ON TRACK FOR RECORD RESULT

We are pleased to confirm our outlook for a result in 2017 above last year’s record driven by higher freight earnings. The wheels are turning faster in Europe and many of our freight customers plan to expand their activities in 2018. We aim to support their growth and enhance our services through new digital solutions.

2017 Q3 Revenue icon
3% revenue growth, adjusted
2017 Q3 Freight icon
8% volume growth in North Sea
2017 Q3 EBITDA icon
EBITDA of DKK 976m
2017 Q3 ROIC icon
ROIC before special items of 18.1%

Distribution to shareholders

At the end of Q3, DKK 1.5bn had been distributed to shareholders, out of an expected DKK 1.7bn for the full year, through dividends of DKK 556m and share buybacks of DKK 942m. In total, an increase of 39% compared to the same period in 2016.