DFDSÆs profit surges 86%
Danish short-sea and ferries operator DFDS said that increased activity in the freight market helped it post a profit for the nine month period ending Sept. 30 of DKK356 million ($62.8 million), up 86 percent compared to DKK196 million the same period last year.
Operating profit after three quarters rose 41 percent to DKK516 million ($91.1 million) while revenue improved 18 percent to DKK5.5 billion ($966 million).
Looking ahead to the full-year results, DFDS expects a pre-tax profit of about DKK400 million ($70.6 million), with revenue rising 17 percent to 18 percent from the DKK6.3 billion ($1.1 billion) of 2005.
DFDS’s profit surges 86%
