Company announcement no. 19/2021
2021 OFF TO A GOOD START
- Fast recovery from Brexit transition
- Mediterranean continued its progress
- Passenger services remained restricted
- EBITDA increased 23% to
DKK 750m
Q1 2021
- Mediterranean’s EBITDA up
DKK 101m - Freight total EBITDA up
DKK 165m - High activity on new Irish route
- Acquisition of
HSF Logistics Group
OUTLOOK 2021 (raised 23 April)
- EBITDA of
DKK 3.2-3.6bn - Revenue growth of 20-25%, unchanged
“We came through Brexit better than expected thanks to our focus on customer needs and thorough preparations. Next on our agenda is a successful integration of
Key figures | |||||||
2021 | 2020 | 2020-21 | 2019-20 | 2020 | |||
DKK m | Q1 | Q1 | Change, % | LTM | LTM | Change, % | FY |
Revenue | 3,768 | 3,813 | -1.2 | 13,925 | 16,535 | -15.8 | 13,971 |
EBITDA before special items | 750 | 610 | 23.0 | 2,872 | 3,565 | -19.4 | 2,732 |
EBIT before special items | 278 | 133 | 109.4 | 1,003 | 1,650 | -39.2 | 858 |
Profit before tax and special items | 202 | 98 | 106.0 | 687 | 1,411 | -51.3 | 583 |
Profit before tax | 192 | 96 | 99.4 | 562 | 1,324 | -57.6 | 466 |
Freight revenue increased 5% to
Freight EBITDA before special items increased
Tight travel restrictions for passengers were in place throughout Q1 and passenger volumes therefore remained subdued in the quarter. Passenger services are provided in three business units – Passenger, Channel and
Outlook 2021
The EBITDA outlook for 2021 was raised on
The outlook is detailed on page 8 in the full report.
Read the Q1 2021 Interim Report here:
https://www.dfds.com/en/about/investors/reports-and-presentations/q1-report-2021
Access code: 75366786# Phone numbers to the call: DK +45 35445577, US +1 631 913 1422,
Contact
Søren Brøndholt Nielsen, IR +45 33 42 33 59
This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act
Attachment
- UK_DFDS_Q1_2021
© OMX, source