DFDS's suspension of passenger activity could cause the Danish ro-ro owner to take a big hit to its year-end result for 2020, the firm has warned.
On Thursday, the Copenhagen-based owner said its full-year earnings before capital investment costs (Ebitda) could fall by up to DKK 1.6bn ($231.3m), approaching a total of DKK 2bn compared to 2019.
DFDS warned in a preliminary result statement on 20 April that its first-quarter earnings before interest and taxes (Ebit) would drop by 43% compared to last year, which...