DFDS December Volumes Show Strong Growth Across Metrics

DFDS December Volumes Show Strong Growth Across Metrics

Ferry – Freight: In December, DFDS reported total freight volumes were 6.4% higher compared to the previous year. This figure accounts for adjustments following the addition of new routes, including those in the Strait of Gibraltar, the closure of Calais-Tilbury in the prior year, and the opening of the Damietta-Trieste route.

The holiday season affected volumes in December due to fewer operational days compared to last year. While volumes in the North Sea region dipped, traffic in the Channel remained strong. The Baltic Sea and Mediterranean routes performed on par with the previous year, albeit facing heightened competition in certain corridors.

Throughout 2024, DFDS saw an 8.4% rise in total transported freight lane meters, reaching 41.5 million from the previous year's 38.3 million. When factoring in route changes, the adjusted increase stands at 4.0%.

Passenger Growth in December

Ferry – Passenger: The company also noted a remarkable 16.5% increase in passenger numbers during December, reflecting enhancements made to service offerings and networks. This growth remains consistent even after accounting for route adjustments, including the cessation of the Oslo-Frederikshavn-Copenhagen service.

The number of vehicles transported during December rose by 17.4% compared to 2023, although adjustments for route variations revealed a decrease of 4.2%. Over the course of the entire year, total passenger numbers surged by 47.6%, reaching 6.6 million compared to 4.5 million the previous year, demonstrating a 7.4% growth after routing adjustments.

Detailed Performance Overview

The following table summarizes DFDS ferry volumes for freight and passenger metrics:

Freight Summary

In terms of freight volume, DFDS reported lane meters for December as follows:

• 2022: 3,481 '000
• 2023: 2,745 '000
• 2024: 2,920 '000 (Change: 6.4%)

For the full year, freight lane meters are outlined as:

• 2022: 41,747 '000
• 2023: 38,325 '000
• 2024: 41,538 '000 (Change: 8.4%)

Passenger Summary

The table below summarizes the passenger count:

• 2022: 307 '000
• 2023: 332 '000
• 2024: 387 '000 (Change: 16.5%)

For the full year, passenger numbers are:

• 2022: 3,772 '000
• 2023: 4,505 '000
• 2024: 6,649 '000 (Change: 47.6%)

Looking Forward

DFDS continuously monitors trends within its ferry networks to adapt and enhance service offerings. The next monthly volume report is set for release, reflecting January's activity, providing further insights into the evolving dynamics within European trade and travel. The report is anticipated to be published mid-February.

Company Overview

Founded in 1866, DFDS operates an extensive transportation network across Europe, generating an annual revenue of DKK 30 billion and employing around 17,000 individuals. The company excels in moving goods via ferries, roads, and rail, while also providing logistical solutions essential to trade and passenger transit.

Contact Information

For inquiries, reach out to:

Torben Carlsen, CEO: +45 33 42 32 01

Karen Boesen, CFO: +45 20 58 58 40

Søren Brøndholt Nielsen, IR: +45 33 42 33 59

Dennis Kjærsgaard, Media: +45 42 30 38 47

Frequently Asked Questions

What are the significant changes in DFDS's freight volumes?

DFDS's freight volumes increased by 6.4% in December, adjusting for route changes, highlighting growth across the network.

How did passenger numbers for December 2024 compare to previous years?

Passenger numbers in December 2024 rose by 16.5% compared to last year, with significant annual growth of 47.6% overall.

What impacted the volumes in the North Sea region?

The North Sea volumes experienced a decline mainly due to fewer operational days during the holiday season this year compared to last year.

What adjustments were made regarding DFDS's route changes?

Route adjustments include the addition of new routes and the closure of others, which collectively helped in analyzing the performance more accurately.

When can we expect DFDS's next volume report?

The forthcoming volume report for January is expected to be released in mid-February, providing updated metrics on their operations.

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