P&O Ferries boosts profit tenfold after rival MyFerryLink gets Channel ban



Jumps in passenger numbers and freight volumes helped P&O Ferries boost profits tenfold last year, according to its latest accounts.
The company last year saw the departure of its competitor, the Eurotunnel-owned MyFerryLink ferry operator, which was ordered by the Competition and Markets Authority to stop running cross-Channel ferries. It means just P&O and DFDS now operate cross-channel services.
A spokesman for P&O Ferries told The Mail on Sunday: ‘We always said we don’t mind competition so long as it’s fair.’
The company – which runs vessels between the UK, Ireland and the... read more

 
15 October 2016 in Business, Views: 52
Source: Daily Mail
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