2017 q2 hero

Q2 2017 STEADY PROGRESS

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.

6% freight volume growth in the North Sea

6% freight volume growth in the North Sea

 2% revenue growth, adjusted

2% revenue growth, adjusted

EBIDTA up 14% to DKK 498m

EBIDTA up 14% to DKK 498m

ROIC before special items of 18.1%

ROIC before special items of 18.1%

DFDS vessel drydock

DFDS Outlook 2017

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).

Trade across the North Sea continues to grow

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.

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The DFDS share

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