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DFDS upgrades after big setback in second quarter

Shipping and logistics company DFDS' revenue as well as profit dropped significantly in the second quarter. Meanwhile, the company adjusts its 2020 guidance. "Our outlook is improved," says CEO Torben Carlsen.

Photo: Pascal Rossignol/Reuters/Ritzau Scanpix

Shipping company DFDS upgrades its 2020 outlook after the coronavirus crisis made the shipping and logistics company lower its expectations earlier this year.

The upgrade comes after a second quarter during which the shipping company otherwise felt the effects of the coronavirus crisis, which took a big toll on both the passenger and freight business - and the company's top as well as bottom line decreased as a result.

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