DFDS A/S

DFDS

Equity

ISIN DK0060655629 / Valor 29768044

Nasdaq Copenhagen Equities (2024-12-23)

DKK 129.20+2.38%

DFDS A/S
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About company

DFDS A/S is a Danish shipping and logistics company with a history dating back to 1866. The company operates a network of ferry routes connecting European countries and Türkiye, transporting freight units and passengers. DFDS also offers logistics services, including door-to-door transports and complex solutions for industrial clients. With its headquarters in Copenhagen and offices in 20 countries, DFDS provides career opportunities in both land-based and maritime roles in a diverse and international environment.

Summarized from source with an LLMView SourceSector: Consumer Services

Revenue Growth

In Q1 2024, DFDS A/S reported a revenue increase of 11%, reaching DKK 7.0 billion. This growth is attributed to the company's strategic focus on expanding its network and transitioning towards greener operations.

EBIT Decline

DFDS A/S experienced a 45% reduction in EBIT for Q1 2024, amounting to DKK 200 million. This decline is partly due to market headwinds affecting certain segments of their operations, such as the Baltic Sea and Channel ferry networks.

Adjusted Free Cash Flow

The adjusted free cash flow for DFDS A/S in Q1 2024 was DKK -327 million. This negative cash flow reflects the company's ongoing investments in expanding and optimizing its network, including the acquisition of Ekol Logistics' international transport network.

Outlook for 2024

DFDS A/S maintains its outlook for 2024, projecting an EBIT of DKK 2.0-2.4 billion and revenue growth of 8-11%. The company also expects an adjusted free cash flow of around DKK 1.5 billion, driven by organic growth and strategic acquisitions.

Capital Distribution

DFDS A/S is committed to returning excess capital to shareholders. In addition to the dividend paid in March 2024, the company has repurchased shares worth over DKK 100 million year-to-date. Financial leverage is expected to decrease in the coming quarters.

Summarized from source with an LLMView Source

Key figures

-42.3%1Y

-61.3%3Y

-59.7%5Y

Performance

27.0%1Y

32.2%3Y

34.4%5Y

Volatility