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DFDS loses Battle on the Channel

The UK Court of Appeal today ruled in favor of DFDS' counterparty SCOP in the appeal of a previous ruling in the dispute on the English Channel. "Very surprising," says DFDS.

Things did not develop as expected for DFDS today in terms of the final decision from the UK Court of Appeal (COA). Quite the opposite, DFDS has now lost the dispute centered on ferry operations on the English Channel.

"DFDS is highly surprised by this ruling, which runs counter to the consistent findings of the UK competition authorities and specialist appeal body since 2012," says DFDS in a statement to the stock exchange.

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