On track to deliver on outlook

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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.

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Revenue up 11% to DKK 7.0bn

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EBIT reduced 45% to DKK 200m

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Capital distribution of DKK 600m on track

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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.

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Q1 2024 Report

Read DFDS' full financial report for the first quarter of 2024, and access other relevant links:

Report (EN)

Report (DK)

DFDS Q1 2024 Excel file

Conference Call Investor slides

Conference Call link

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The DFDS Share

See the latest share price development and access relevant information for shareholders.