DFDS is raising its full-year expectations on the back of strong passenger numbers, even as the freight market falters.

The Danish ro-ro and ferry operator reported a DKK 693m ($101m) profit for the three months to 30 September, down from the DKK 853m recorded in the same period last year, though the company pointed out that Ebitda was in line at roughly DKK 1.6bn.