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DFDS — Capital/Financing Update 2018
Jun 13, 2018
3361_iss_2018-06-13_ff28a47e-6716-4571-b892-473ad6a06d76.pdf
Capital/Financing Update
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FREIGHT NEW BUILDING ORDERED TO ACCOMMODATE GROWTH
DFDS has today ordered one additional freight ferry (ro-ro) new building for delivery in the first half of 2020 from the Chinese Jinling Shipyard.
"This freight new building increases our order book to five large freight ferries, which will increase our efficiency and enable us to accommodate projected growth in our route network in northern Europe and the Mediterranean, support trade and help our customers grow their business," says Niels Smedegaard, CEO.
The new building is similar to the four previously ordered freight ferries and likewise designed to carry 6,700 lane metres of freight equivalent to around 450 trailers. The large capacity decreases unit costs as well as the environmental impact per transported unit.
DFDS' fleet renewal programme also includes two combined freight and passenger ferries (ro-pax) to be delivered in 2021 for deployment in the Baltic route network. In addition, one chartered combined freight and passenger ferry (ro-pax) will be delivered in 2021 for deployment on The English Channel routes.
DFDS' investment outlook for 2018 is unchanged.
DFDS A/S, Sundkrogsgade 11 DK-2100 Copenhagen Ø CVR 14 19 47 11
www.dfds.com
Company announcement no. 45/2018
13 June 2018
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Contact Niels Smedegaard, CEO +45 33 42 34 00
Torben Carlsen, CFO +45 33 42 32 01
Søren Brøndholt Nielsen, IR +45 33 42 33 59
Gert Jakobsen, Communications +45 33 42 32 97
About DFDS
DFDS provides shipping and transport services in Europe and Turkey, generating annual revenues of EUR 2.2bn.
To over 8,000 freight customers, we deliver high performance and superior reliability through ferry & port terminal services, and transport & logistics solutions.
For more than five million passengers, we provide safe overnight and short sea ferry services.
Our 8,000 employees are located on ships and in offices across 20 countries. DFDS was founded in 1866, is headquartered in Copenhagen, and listed on NASDAQ Copenhagen.
Disclaimer
The statements about the future in this announcement contain risks and uncertainties and actual developments may therefore diverge significantly from the statements about the future.