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DFDS expects lower operating profit

DFDS expects a reduced operating profit for 2020, while the investment level is lowered as well. Both freight and passenger activities are affected by the coronavirus, but DFDS "adjusts its operations," according to CEO Torben Carlsen.

Photo: PR/DFDS

DFDS expects a lower profit from operations in 2020 as a consequence of the coronavirus outbreak. Its investment level is lowered, too, according to its first quarter interim report.

The operating result (EBITDA) will "likely" be pulled down toward DKK 2 billion (USD 289.6 million) for the full year 2020, DFDS writes. To compare, the company booked an operating result of USD 3.6 billion last year.

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