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Competition on key Turkish route weighs on DFDS earnings

  • DFDS reports 22% decrease in year-on-year ebitda in first quarter during ‘tough times’ for European ferry operators
  • New service introduced by competitor on key Trieste to Istanbul route responsible for ‘rapid’ price reductions
  • Cost reductions and capacity reductions expected to provide improvements for second quarter as full-year guidance remains unchanged

  • News

Muted growth prospects for European trade expected due to uncertainties about the war in Ukraine and potential impacts from US policy shifts

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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