DFDS

Solid result for 2023

Q4 2023 results DFDS A/S

We’re pleased to deliver a solid result for 2023 despite challenging freight markets. Our ferry and logistics network has been expanded significantly, and in 2024 we will focus on unlocking value as we start executing our new strategic and financial ambitions.

Key results

Revenue up 2% to DKK 27.3bn

EBITDA of DKK 5.0bn in line with Win23

Total capital distribution of DKK 600m

Ferry CO2 emission intensity reduced 5%

Outlook 2024

Revenue is expected to grow by 5-8% in 2024. The EBIT outlook for 2024 is DKK 2.0-2.4bn (2023: DKK 2.3bn), and the Adjusted free cash flow is expected to be around DKK 1.5bn.