Danish ro-ro group DFDS has increased first quarter earnings as revenue and volumes grew.

The company posted net profit of DKK 150m ($21.95m), up from DKK 143m a year ago, while revenue was up at DKK 3.22bn, against DKK 3.08bn.

Freight volumes rose 10% in the North Sea

Its EBITDA before special items increased 2% to DKK 414m following higher earnings in the shipping division.