News / 'Challenging' Q3 for DFDS – and weaker demand expected to continue

Photo: DFDS

Danish ferry and road freight operator DFDS saw weaker road freight demand across Europe in the third quarter, and today reported reduced profits despite carrying higher volumes.

“Q3 was, as expected, a challenging quarter,” chief executive Torben Carlson said this morning. “The European slowdown in demand and manufacturing that began in Q2 became more widespread.

“Instead of a rebound in Q4, we are now expecting a further slowdown in the rest of the year,” he added.

Last week, the company reduced its full-year outlook, ...