Thu 9/21/2017 04:44 ET
DJIA22412.5941.790.19%SOLAR22.330.231.02%GOLD1303.706.910.53%Shanghai3136.7734.501.10%
S&P 5002508.241.500.06%BANKS25.400.150.59%OIL50.290.821.64%Nikkei20347.4836.630.18%
NASDAQ6456.045.270.08%SEMI91.371.221.33%US/EU1.190.010.81%Futures2503.002.250.09%
Welcome Stranger!  Please sign up or log in to enable additional features.Sign Up | Mail | Log In
Forum - TheLion.com Central    Discuss everything about TheLion.com

Return Top | Return List | Reply Thread | Search
From: madrid (Rep: 0) reply to madridDate: 2017-08-16 15:42:11
Forum: TheLion.com Central - Thread #673901005Msg #638 - Part 11/15 (Rec: 0)
Adjustment of VINX Benchmark Index due to special dividend in DFDS A/S (27/17)
August 16, 2017 13:11 ET | Source: Index DFDS A/S (DFDS, DK0060655629) will distribute a special dividend in the amount of 5.00 DKK, effective August 18, 2017. An adjustment to the price of the security will be made prior to market open on the ex-date for only the amount of the special dividend, which may result in a change to the divisor.

For further information concerning this notice please contact Nasdaq Global Indexes Operation Team, telephone US - + 1 844 717-0708 or International Callers – Non-US Callers - + 1 301 978 8311 or email at index@nasdaq.com.


Reply to madrid - Msg #603 - 01/22/2017 14:51
Message: Endorse | Reply | Privately | Bookmark | Report Abuse User madrid: Reward | Watch | Ignore

From: madrid (Rep: 0) reply to madridDate: 2017-08-17 08:49:30
Forum: TheLion.com Central - Thread #673901005Msg #639 - Part 12/15 (Rec: 0)
. Record Results

RECORD Q2 EBITDA,
6% UP TO DKK 738M



EUROPEAN GROWTH SET TO CONTINUE



DIVIDEND INCREASE & NEW BUYBACK




Q2 2017
· EBITDA up 6%
· North Sea freight volumes up 6%
· Passenger volumes up 7% driven by late Easter
· Profit before special items and tax increased 12% to DKK 495m
· ROIC of 18.1% (LTM)
OUTLOOK 2017
· EBITDA range of
DKK 2.6-2.8bn unchanged
· Total distribution to shareholders increased to DKK 1.7bn
"We are pleased with our steady progress and remain on track to improve on the record result of last year. The activity in our route and logistics network reflects Europe's growth. Prospects for continued growth in the key UK market remain positive and trading with continental Europe is increasing, especially UK exports.," says Niels Smedegaard, CEO.
Key figures DKK m Q2 Q2 LTM LTM FY Before special items 2017 2016 Ch % 2016-17 2015-16 Ch % 2016 Revenue 3,688 3,553 3.8% 14,058 13,757 2.2% 13,790 EBITDA 738 699 5.6% 2,637 2,365 11.5% 2,588 EBIT 502 454 10.6% 1,700 1,461 16.3% 1,644 Profit before tax 495 443 11.6% 1,668 1,373 21.4% 1,600
Revenue increased 2% in Q2 adjusted for non-comparable items. Reported revenue was up 4% to DKK 3.7bn.
EBITDA before special items increased 6% to DKK 738m following higher earnings in both divisions.
The Shipping Division's EBITDA before special items increased 5% to DKK 680m as North Sea benefited from continued growth in trading between UK, continental Europe and Scandinavia. The Baltic Sea route network also increased earnings and together offset a lower result in Channel driven by a weakening of the passenger market, following the depreciation of GBP, and a lower freight market share.
The Logistics Division's EBITDA before special items increased 5% to DKK 73m driven mainly by the Nordic business unit as well as acquisitions performing above expectations.
Distribution to shareholders
The planned extraordinary dividend of
DKK 5.00 per share is raised to DKK 7.00 for payment in August. Moreover, a new share buyback of DKK 300m is launched today; more information in separate announcement.
The raised dividend and new buyback increases the expected total distribution in 2017 to DKK 1.7bn from previously DKK 1.3bn.
Outlook 2017
The European growth outlook continues to support DFDS' infrastructure of ferry routes and the logistics operations.
The Group's expected revenue growth for 2017 is around 4%, excluding revenue from bunker surcharges. The range for EBITDA before special items is unchanged at
DKK 2,600-2,800m (2016: DKK 2,588m).
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

https://globenewswire.com/news-relea...-PROGRESS.html


Reply to madrid - Msg #603 - 01/22/2017 14:51
Message: Endorse | Reply | Privately | Bookmark | Report Abuse User madrid: Reward | Watch | Ignore

From: madrid (Rep: 0) reply to madridDate: 2017-08-22 14:51:54
Forum: TheLion.com Central - Thread #673901005Msg #640 - Part 13/15 (Rec: 0)
Re: DFDS. European shipping and logistics . Record Results


https://www.bunkerspot.com/europe/44575-europe-dfds-sees-best-ever-q2-results


Reply to madrid - Msg #603 - 01/22/2017 14:51
Message: Endorse | Reply | Privately | Bookmark | Report Abuse User madrid: Reward | Watch | Ignore

From: madrid (Rep: 0) reply to madridDate: 2017-08-23 15:30:09
Forum: TheLion.com Central - Thread #673901005Msg #641 - Part 14/15 (Rec: 0)
JOC › International Logistics › Logistics Providers
Strong demand keeps DFDS rally rolling
Bruce Barnard, Special Correspondent | Aug 17, 2017 10:32AM EDT

Print
DFDS' growth was fastest in the Nordic region.
DFDS says it remains on track to top last year’s record financial result after the leading European roll-on, roll-off and logistics company’s second-quarter earnings jumped almost 12 percent as a result of strong demand.

The Danish group, which operates a 50-ship fleet, boosted pre-tax profit to 492 million krone ($78 million) from 443 million krone a year earlier, outpacing a 3.8 percent rise in revenue to 3.7 billion krone.

Earnings before interest, tax, depreciation and amortization (EBITDA) were 5.6 percent higher at 738 million krone against 699 million krone last time.

The increase in earnings was driven mainly by higher freight traffic on North Sea and Baltic Sea routes and increased logistics volumes in the Nordic region.

North Sea freight traffic increased 5.7 percent year over year in the quarter driven by continued growth on the UK-Netherlands and Sweden-Belgium trade lanes.

Baltic Sea volumes rose 17.1 percent, but slipped 2.1 percent after adjustment for a new route between Finland and Estonia due to reduced capacity between Denmark and Lithuania and extended ship dockings.

The decline also reflects the temporary rise in volume in the second quarter of 2016 due to a border dispute between Russia and Poland that forced some road traffic onto sea routes.

The English Channel route between the United Kingdom and France saw traffic slump 14.7 percent as DFDS’s market share declined as some customers transferred shipments from Dunkirk back to Calais following the shutdown of the immigration “Jungle” camp close to the port in late 2016.

The logistics division boosted the number of transported units in the Nordic region by 17.7 percent, driven mainly by increased volume of trailers on the UK-Sweden route and continuing growth in Norwegian and Baltic traffic.

Continental traffic stalled as increased volumes between the United Kingdom and the Netherlands was offset by lower Germany-UK container and automotive shipments and sharply lower Italian business.

“We are pleased with our steady progress and remain on track to improve on the record result of last year,” said Niels Smedegaard, CEO of the Copenhagen-based group.

“The activity in our route and logistics network reflects Europe’s growth. Prospects for continued growth in the key UK market remain positive and trading with continental Europe is increasing, especially UK exports.”

The company stuck to its full-year forecast of EBITDA before special items of between 2.6 billion krone and 2.8 billion krone compared with 2.58 billion krone in 2016.

DFDS underscored its confidence during the quarter by ordering two new ro-ro vessels at a Chinese shipyard in June for delivery in early 2020, following on a contract last September for two similar-sized ships, with capacity for 6,700 lane meters, equivalent to around 450 trailers.

The company also exercised an option in June to buy two vessels on the cross-Channel that were on long term bareboat charters for 740 million krone — it also paid an additional 111 million krone subject to litigation over the acquisition.

https://www.joc.com/international-lo..._20170817.html


Reply to madrid - Msg #603 - 01/22/2017 14:51
Message: Endorse | Reply | Privately | Bookmark | Report Abuse User madrid: Reward | Watch | Ignore

From: madrid (Rep: 0) reply to madridDate: 2017-09-11 15:20:02
Forum: TheLion.com Central - Thread #673901005Msg #642 - Part 15/15 (Rec: 0)
Re: DFDS. Buy back program


https://globenewswire.com/news-release/2017/09/11/1117338/0/en/SHARE-BUYBACK-WEEK-36-2017.html


Reply to madrid - Msg #603 - 01/22/2017 14:51
Message: Endorse | Reply | Privately | Bookmark | Report Abuse User madrid: Reward | Watch | Ignore


TheLion.com | About Us | Agreement & Disclaimer | Privacy | Twitter
© 1999- TheLion.com, Inc.