Annual Report 2006


A year of progress

2006 was a year of progress for DFDS - the market position was further
strengthened and financial performance improved considerably. 

Return on invested capital exceeded the cost of capital due to a high level of
activity in the freight market, as well as the adaptation and streamlining of
operations introduced since 2001. 

We successfully completed several major, forward-looking investments in 2006,
which was also the year in which the fleet-renewal process instigated in 2001
was completed. The need for investment in new tonnage will therefore be more
limited in the coming years.

Attachments

fbm0407uk.pdf