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DFDS downgrades growth target: "Not something I attribute to arrival of a new CEO"

DFDS' growth target has been cut in half since Niels Smedegaard resigned as CEO. But his replacement, Torben Carlsen, thinks improvement might occur next year in the company's two most important markets. The company's stock price increased 7.4 percent Tuesday.

Photo: Mads Joakim Rimer Rasmussen/Ritzau Scanpix

For the second consecutive quarter and since he took over as chief executive, Torben Carlsen and DFDS have downgraded the company's growth target for this year's revenue.

This happened most recently in the interim report published Tuesday, with the company's top-line growth guidance lowered to "around 6 percent" in 2019 from the prior expected interval of 6-8 percent.

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