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DFDS upgrades its 2020 guidance for the third time

Ferry and freight operator DFDS upgrades its guidance for the results for 2020 for the third time, citing the large British stockpiling that occurred in the fourth quarter 2020 ahead of Brexit.

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DFDS has been so busy transporting goods to Great Britain in the fourth quarter ahead of Brexit at the turn of the year, that the ferry and freight operator now again upgrades its guidance for the full year 2020.

DFDS' preliminary and unaudited operating profit, EBITDA, for 2020 is increased to DKK 2.73 billion (USD 445.9 million), a somewhat significant step up from the company's previously announced guidance of DKK 2.5 to 2.7 billion.

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