DFDS rises as strong passenger season brings Q3 beat

Dfds A/S

15/11/2023 08:14

** Shares in DFDS  DFDS.CO  rise 5.5% after the Danish
shipping and logistics company reported a Q3 beat and raised its
2023 outlook
    ** Q3 EBITDA came in at DKK 1.59 billion ($231.8 million),
which RBC says is 4% ahead of consensus
    ** The 2023 EBITDA guidance was firmed upwards to a range of
DKK 4.9-5.2 billion
    ** RBC says the strong passenger season resulted in Q3 beat
and outlook upgrade
    ** The stock is on track for its best day since August

($1 = 6.8585 Danish crowns)

 (Reporting by Jagoda Darlak in Gdansk)
 ((Jagoda.Darlak@thomsonreuters.com; +48 58 769 65 40;))