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SDK Freja anticipates steep earnings drop following record year

Logistics company SDK Freja, which delivered record financials with great advancement on top and bottom lines, takes a more gloomy view of the current fiscal year due to several ”external factors.” However, the growth target remains the same, CEO tells ShippingWatch.

Photo: SDK Freja PR-foto

The newly merged SDK Freja, which has booked record financials with significant top- and bottom-line gains, takes a darker view of its growth prospects over the next year due to a number of ”external factors.”

After a record revenue post of more than DKK 6bn (USD 850m) and a pre-tax profit of DKK 244m, the large shipping and logistics company is now downgrading its profit expectations for the next 12 months.

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