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Lindø Port of Odense result decrease

Lindø Port of Odense result decrease

11-10-2018 12:00:00

The first half of 2018 was not a good one for Lindø Port of Odense. The company saw a fall in both revenue and profits – especially the latter, from a profit of 32.6 million kroner after tax in the first half of 2017, to now 10 million.

According to management, the main reason for the decline is that the industrial park's largest client, Bladt Industries, completed a large order during the six months and has since had a low level of activity. However, the management writes in the report that it they expect this level of activity to rise again.

Revenues fell from 94.7 million kroner in the first half of 2017 to now 86.4 million. TV2/Funen has reported this.

The Port of Odense and Lindø Industrial Park were combined last year to one municipally owned company - Lindø Port of Odense.

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