We are pleased with our steady progress and remain on track to improve on the record result of last year. The activity in our route and logistics network reflects Europe’s growth and prospects for continued growth in the key UK market remain positive.
The planned extraordinary dividend of DKK 5.00 per share is raised to DKK 7.00. Moreover, a new share buyback of DKK 300m is launched. The raised dividend and new buyback increases the expected total distribution in 2017 to DKK 1.7bn from previously DKK 1.3bn.
The Group’s expected revenue growth for 2017 is around 4%, excluding revenue from bunker surcharges. The range for EBITDA before special items is unchanged at DKK 2,600-2,800m (2016: DKK 2,588m).
In spite of the ongoing Brexit discussion, DFDS continued to increase its volumes on the North Sea freight routes to and from the UK. Continued growth in the UK and EU economies is good news for all.