May 7, 2020

Ferry Shipping News already published the Preliminary Results for Q1, a few weeks ago.

The definitive results are now available on the DFDS website.

Outlook

EBITDA before special items for 2020 is likely to be reduced towards DKK 2bn. The outlook – that is significantly more uncertain than usual – builds on a number of assumptions of which key elements are freight volumes and the impact of travel restrictions on passenger route operations and volumes. The current suspension of passenger activity has a significant financial impact that may amount to up to around 60% of the potential decrease in EBITDA in 2020 compared to 2019.