INVESTOR NEWS no. 17 - 12 March 2024
Ferry - freight: Total volumes in February 2024 were 15.7% above 2023 and up
11.1% adjusted for the addition of Strait of Gibraltar routes in 2024 and
closure of the Calais-Tilbury route in 2023. The month's high organic growth
reflects to some extent a relatively low activity level in February 2023.
North Sea volumes were above 2023 driven mainly by an uplift in volumes between
the UK and the Netherlands, Germany, and Denmark. Mediterranean volumes were
above 2023 as volumes picked up on all routes, especially between southern
Türkiye and Italy.
Channel volumes were also in February above 2023 driven by the Dover Strait
routes as well as higher volumes between Ireland and France. Baltic Sea volumes
also continued above 2023 despite reduction of capacity between Estonia and
Sweden compared to 2023.
For the last twelve months 2024-23, the total transported freight lane metres
decreased 4.9% to 39.2m from 41.3m in 2023-22. The decrease was 5.3% adjusted
for the addition of Strait of Gibraltar routes and the Calais-Tilbury route
closure.
Ferry - passenger: The number of passengers in February 2024 were 69.9% above
2023 and up 16.0% adjusted for the addition of Strait of Gibraltar routes. The
adjusted increase was driven by more Channel passengers while the number of
passengers on other routes were below 2023. The number of cars were 51.3% above
2023 and up 7.2% adjusted for Strait of Gibraltar.
For the last twelve months 2024-23, the total number of passengers increased
19.9% to 4.8m compared to 4.0m for 2023-22. The increase was 13.4% adjusted for
the addition of Strait of Gibraltar routes.
DFDS ferry volumes
February Last twelve months
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 Freight            2022  2023  2024 Change     2022   2023   2024 Change
 Lane metres, '000 3,352 3,064 3,545  15.7%   43,318 41,266 39,233  -4.9%

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 Passenger          2022  2023  2024 Change     2022   2023   2024 Change
 Passengers, '000     95   211   359  69.9%      960  4,008  4,803  19.9%

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DFDS reports monthly ferry volumes for freight and passengers to provide insight
into the development of volume trends in our European route network enabling
trade and travel in and around Europe. The March 2024 volume report is expected
to be published on 12 April 2024 at around 10.00am CET.
Contact
Torben Carlsen, CEO +45 33 42 32 01
Karina Deacon, CFO +45 33 42 33 42
Søren Brøndholt Nielsen, IR +45 33 42 33 59
Dennis Kjærsgaard Sørensen, Media +45 42 30 38 47
About DFDS
We operate a transport network in and around Europe with an annual revenue of
DKK 27bn and 13,200 full-time employees.
We move goods in trailers by ferry, road & rail, and we offer complementary and
related transport and logistics solutions.
We also move car and foot passengers on short sea and overnight ferry routes.
DFDS was founded in 1866 and headquartered and listed in Copenhagen.
This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act.
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