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DFDS, headquartered in Copenhagen, announced that it buying the market leader in the Strait of Gibraltar market, FRS Iberia/Maroc which connects Spain. ....
COMPANY ANNOUNCEMENT no. 31 - 17 September 2023 Acquisition of FRS Iberia/Maroc, a ferry market leader Strait of GibraltarMediterranean route network expands to market expected to benefit from nearshoring of supply chainsFRS Iberia/Maroc has 750 employees and expects revenue of DKK 1.0-1.2bn in 2023 with an expected EBITDA-margin of 18-20%Transaction enterprise value equals an EV/EBITDA multiple of 6xAccretive to ROIC and earnings per shareFinancial leverage stable with expected increase of 0.1x ....
INVESTOR NEWS no. 22 - 13 June 2023 Ferry - freight: Total volumes in May 2023 were 18.6% below 2022. Volumes were 6.6% below 2022 adjusted for Channel that was impacted by extraordinary capacity ....
European ferry operator DFDS is altering the operations of its vessels in the Eastern Mediterranean to protect sperm whales. Environmentalists report. ....
At DFDS, our awareness of how our ferry and logistics activities impact biodiversity is growing. We are taking essential steps to protect marine life in the Mediterranean around the Southern part of Greece ....