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DFDS dials up top-line expectations – profit declined in Q1

DFDS upgrades its expectations for this year’s top-line growth. Upswing in passenger freight is doing better than expected, while freight volumes in the Baltic Sea are affected by the Ukraine war. Profit dived in Q1.

Photo: Pascal Rossignol/Reuters/Ritzau Scanpix

Ferry operator DFDS expects revenue growth in 2022 and maintains its expectations of a result progression by 20% for the entire year.

This occurs after a first quarter in which DFDS added roughly DKK 2bn (USD 284m) to its total revenue compared with the beginning of 2021, although increased depreciations reduced the company’s profit.

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