DFDS A/S

DFDS

Equity

ISIN DK0060655629 / Valor 29768044

Nasdaq Copenhagen Equities (2025-03-11)

DKK 100.80-4.18%

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 the third quarter of 2024, DFDS A/S reported an 11% increase in revenue, reaching DKK 8.0 billion. This growth was driven by a 4% organic increase, despite challenging market conditions in Europe, including a slowdown in demand and manufacturing.

EBIT Decline

DFDS A/S experienced an 11% reduction in EBIT for Q3 2024, amounting to DKK 785 million. The decline was attributed to intensified price and margin pressures, particularly in the automotive sector, the Baltic region, and eastern Europe, as well as new Brexit border checks affecting food exports to the UK.

Free Cash Flow

The adjusted free cash flow for DFDS A/S in Q3 2024 was DKK 396 million, marking a 24% decrease compared to the previous year. This reduction reflects the ongoing market headwinds and the company's strategic investments in its network and green transition initiatives.

Outlook for 2024

DFDS A/S has updated its outlook for 2024, projecting an EBIT range of DKK 1.5-1.7 billion and revenue growth of 8-10%. The adjusted free cash flow is expected to be around DKK 1.2 billion, revised down from the previous estimate of DKK 1.5 billion, due to a weaker market outlook for Q4.

Capital Distribution

DFDS A/S continued its commitment to returning excess capital to shareholders, with a share buyback program returning DKK 380 million year-to-date, in addition to a dividend payout of DKK 168 million. This reflects the company's strategy to balance growth investments with shareholder returns.

Summarized from source with an LLMView Source

Key figures

-49.7%1Y

-64.4%3Y

-52.7%5Y

Performance

27.0%1Y

32.2%3Y

34.4%5Y

Volatility