DFDS’ 2021 OUTLOOK RAISED AFTER STRONGER START TO THE YEAR

COMPANY ANNOUNCEMENT NO. 16/2021

• EBITDA outlook raised from DKK 3.0-3.5bn to DKK 3.2-3.6bn for 2021
  
  

DFDS’ outlook for 2021 has improved following stronger than expected freight results in most business units. There was as anticipated a considerable slowdown in volumes linked to the UK in January following the UK stockbuilding in Q4 2020. Since then, volumes have recovered faster than expected.

The outlook for EBITDA before special items is raised from DKK 3.0-3.5bn to DKK 3.2-3.6bn for 2021. Uncertainty remains high and significant changes to outlook assumptions may still occur in the rest of the year.

DFDS’ Q1 2021 interim report is still expected to be released on 11 May 2021.

Contact

Torben Carlsen, CEO [phone]

Karina Deacon, CFO [phone]

Søren Brøndholt Nielsen, IR [phone]

Nicole Seroff, Communications [phone]

 

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act

Attachment

• UK_OMX_NO_16_23_04_2021