Denmark's DFDS has increased its earnings guidance after a strong quarter for its ro-ros and ro-paxes.
The company said net profit to 30 September was DKK 709 ($102.64m), from DKK 572 a year ago.
Revenue was stable at DKK 3.79bn, but EBITDA before special items increased by 15% to DKK 972m following higher earnings mainly in the shipping division.
The result includes a DKK 45m loss from currency changes.
Its ships carried 17% more freight and 10% more passengers, with the expanded ferry capacity in the Channel logging rises of 30% and 15% respectively.
The company has raised its forecast for the full year after the result.
EBITDA before special items is now expected to increase to a range of DKK 2.52bn to DKK 2.62bn, up from DKK 2.45bn to DKK 2.6bn. The figure for 2015 was DKK 2.04bn.
Revenue growth is now expected to be around 4% compared to 6% previously, excluding revenue from bunker surcharges, due to currency changes.
