Unifeeder A/S more than doubles its 2017 result

Unifeeder A/S's after-tax result increased markedly in 2017, with the company describing container transport to Europe as strong. One trend in particular seems favorable for the feeder market this year, the company's management says.

BY OLE ANDERSEN

Published: 31.05.18 at 14:33

Unifeeder has come very well out of the fiscal year 2017, with earnings before taxes, depreciation and amortization reaching DKK 201 million (USD 31,57 million) and a pre-tax profit of DKK 164 million.

The Danish-based feeder and shortsea operator, which is owned by Nordic private equity firm Nordic Capital, achieved a revenue of around DKK 3 billion – up nearly DKK 400 million compared to the fiscal year 2016.