DFDS has reported a strong start to 2017 with revenues for the pan-European ferry and logistics company up four per cent in the first quarter of the year.

In an indicator of strong underlying economic trends, freight volumes and UK-Continental trade continues to grow and the company reports an 10 per cent increase in shipments on its North Sea freight routes and a 3 per cent rise in freight on its cross-Channel routes from Dover to France. First quarter revenues for the group were €432m compared with €414m for the first three months of 2016. 

DFDS reports a positive outlook for growth in the remainder of 2017, with the business on track to deliver a further improvement on the record full-year earnings recorded in 2016.