On track to deliver on outlook

Q1 Report 2024
DFDS vessel Cote des Dunes, with a new funnel, sailed out of the harbour on a clear sea

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 Report 2024

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

Screenshot of interactive DFDS Map

Explore our network

In this interactive map, you can explore what we do and learn more about the capabilities of our network – whether ferry routes and port terminals, logistics transport and solutions – or our efforts in Moving to green.

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