Steady progress
Financial performance in both divisions continued to improve in Q1 2026, which together with our cash flow focus, also improved financial leverage.
Key results
Revenue down 2% to DKK 7.4bn
EBIT improved DKK 150m to DKK 33m
Adjusted free cash flow of DKK 300m
Financial leverage (NIBD/EBITDA) improved to 3.9x
Outlook 2026
The 2026 EBIT outlook of DKK 1,000-1,400m is unchanged following the outlook update made in April 2026. The expectation for the Adjusted free cash flow has been firmed up to above DKK 250m, up from the previous expectation of a cash flow above zero.
DFDS - A network connecting sea, road and rail
We operate a comprehensive transport network in and around Europe with 17,000 colleagues.
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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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