Brexit uncertainty is making itself felt at DFDS, with the carrier revising its earnings forecast downwards after a six-month performance that led to declining profits.
First-half revenues climbed 9.9% to Dkr8.1bn ($1.2bn), driven mainly by its expansion in the Mediterranean, but a reversal of UK stockpiling in anticipation of Brexit hit profits.
Chief executive Torben Carlsen said: “Brexit is an exceptional situation, currently lowering volumes in our ferry and logistics network.
“In spite …
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Source: The Loadstar