DVB income up thanks to a strong transport division

DVB Group increased its consolidated net income before taxes (and excluding net result from financial instruments in accordance with IAS 39) by 36.6%, to €91.1 million. Wolfgang F. Driese, CEO and Chairman of the Board of Managing Directors, said: “We are very satisfied with DVB’s achievements. The six-month financial statements show that we are straight on course for reaching our target of generating results that are comparable to the previous year.” But he added that: “The general risk situation remains a challenge, as existing excess capacity and the high number of new deliveries coincide with falling demand in some transport