DFDS
On track to deliver on outlook
Q1 2024 results DFDS A/S
While we are on track to deliver on our outlook, we continue to focus on improving profit through operational efficiencies across our network.
Key results
Revenue up 11% to DKK 7.0bn
EBIT reduced 45% to DKK 200m
Capital distribution of DKK 600m on track
Ferry CO2 emission intensity reduced 3%
Q1 result ahead of expectations
As foreseen the current market environment remains mixed. We saw a higher-than-expected pick-up in ferry volumes across most of the network in Q1 while our land transport network mostly faced flat or lower volumes. Persistent overcapacity enhanced pricing pressure in certain market areas.
The result for Q1 2024 was nevertheless ahead of our expectations for the quarter driven by the Ferry Division.
Q1 2024 Report
Read DFDS' full financial report for the first quarter of 2024, and access other relevant links:
The DFDS Share
See the latest share price development and access relevant information for shareholders.
