Mols-Linien deep in red after first half of 2010

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Mols-Linien reports red figures for the first half of 2010. A severe winter with snow-covered roads among other things, is one of the explanations for fewer passengers and cars on the service from Århus to Sjællands Odde. Due to higher fuel prices some extra DKK 25 million were added to the expenses. The loss for the year’s first six months was DKK -51.8 million, compared to DKK -30 million in first half of 2009. Mols-Linien expects a full-year loss of DKK 20 to DKK 50 million. This could lead to new problems as some of the major shareholders in Mols-Linien are bankrupt as a result of the estate-market crisis.

Bent Mikkelsen

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