DFDS — M&A Activity 2017

Jan 5, 2017

INVESTOR NEWS

DFDS

LOGISTICS EXPANDS SWEDEN-ITALY SERVICES

To further develop DFDS' logistics services between Sweden and Italy, DFDS has acquired 100% of the share capital of the Swedish company Italcargo AB.

"The acquisition of Italcargo expands DFDS' existing logistics services between Sweden and Italy, particularly enhancing our part load and premium services," says Niklas Andersson, Head of Logistics in Sweden.

Italcargo

Since 1998, Italcargo has provided road transport services between Sweden and Italy, including full loads, part loads and premium services. Equipment, mainly trailers, is leased and haulage is subcontracted to external drivers.

Italcargo's revenue was SEK 65m (DKK 50m) in 2015/2016 and the company has five employees.

Strategic fit

Italcargo's activities complements and strengthens DFDS' existing transport services between Sweden and Italy. Increased flows will particularly benefit the offering to customers of part load services and Italcargo's express services fits with the aim of offering more premium customer services.

The acquisition is expected to support DFDS' goal of a 10% return on invested capital from the outset.

Transaction

The transaction has accounting effect from 21 December 2016.

DFDS A/S

Sundkrogsgade 11
DK-2100 Copenhagen Ø
CVR 14 19 47 11
www.dfdsgroup.com

5 January 2017
Company announcement no. 02/2017

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, generating annual revenues of EUR 1.9bn.

To over 8,000 freight customers, we deliver high performance and superior reliability through shipping & port terminal services, and transport & logistics solutions.

For six million passengers, we provide safe overnight and short sea ferry services.

Our 6,900 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.