Frankfurt - Delayed Quote • EUR DFDS A/S (29K.F) Follow Compare 13.97 -0.05 (-0.36%) At close: January 29 at 9:02:24 AM GMT+1 All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations DFDS AS (DFDDF) Q4 2024 Earnings Call Highlights: Navigating Growth Amidst Mediterranean Challenges DFDS AS (DFDDF) reports a 9% revenue increase while addressing competitive pressures and strategic adjustments for 2025. 2024 PRELIMINARY RESULTS, 2025 PRELIMINARY OUTLOOK & FINANCIAL AMBITIONS COMPANY ANNOUNCEMENT no. 03 - 21 January 2025 2024 EBIT of DKK 1.5bn 2025 EBIT outlook of around DKK 1.0bn Financial ambitions for 2026/27 no longer applicable “Most of our business units are set to uphold performance in 2025, but we do have specific challenges to resolve in 2025 before we again can deliver a satisfactory earnings level. The main ones are an adaptation of our Mediterranean network to recent market changes and the planned financial turnaround of our new Turkish transport company” DFDS to operate new European RoRo freight route Hydro said the RoRo option will cut its aluminium trade emissions. DFDS launches freight route between Spain and the Netherlands DFDS is launching a weekly freight service connecting Spain and the Netherlands, aimed at serving the needs of industrial customers, freight forwarders and project cargo owners. In connection with the new route, DFDS and Hydro, a global aluminium and energy company, have signed an agreement for weekly shipment of aluminium. Starting from end May, the new route will connect the ports of Vilagarcía and Rotterdam, offering a seamless and direct ferry link from southern to central Europe. With the n DECEMBER VOLUMES: ADJUSTED GROWTH ON LEVEL INVESTOR NEWS no. 02 - 13 January 2025 Ferry – freight: Total volumes in December 2024 were 6.4% above 2023 and on level adjusted for the addition of Strait of Gibraltar routes in 2024, closure of Calais-Tilbury in 2023, and the opening of Damietta-Trieste in 2024. December volumes were in general lowered by the holiday season’s greater impact on the number of operating days compared to 2023. North Sea volumes were therefore below 2023. Channel continued to trend above 2023 while Baltic Sea and DFDS signs contract to operate ferry service in Jersey The new ferry service from Jersey will include routes to Poole and Portsmouth in the UK, as well as Saint-Malo in France. DFDS APPOINTED FERRY OPERATOR FOR JERSEY INVESTOR NEWS no. 01 - 2 January 2025 DFDS was on 31 December 2024 appointed ferry operator for the island of Jersey by the Government of Jersey starting from 28 March 2025. The operating concession period is 20 years for providing ferry services between Jersey, the UK, and France. There are two primary focus areas for the ferry operation: to provide life-line freight and passenger services for Jersey residents and to support tourism. A total of four ferries will be deployed to service three rou DFDS to provide ferry lifeline service to Jersey DFDS and the government of Jersey have signed a contract for Jersey’s ferry services. Over the next 20 years, DFDS will provide freight and passenger services connecting Jersey of the Channel Islands to the UK and France beginning 28 March 2025. The new service will include routes from Jersey to Poole and Portsmouth in the UK, and Saint-Malo in France. DFDS committed to increase the frequency of ferries to address high demand in peak periods, introducing high-speed ferries to the UK and investin FINANCIAL CALENDAR 2025 COMPANY ANNOUNCEMENT no. 89 - 13 December 2024 DFDS will report and hold the Annual General Meeting (AGM) on the following dates in 2025: Deadline for submission ofproposals to the AGM10 February Annual report 2024 and Q4 review21 February AGM24 MarchQ1 report 2025 6 MayQ2 report 2025 20 AugustQ3 report 20256 November Monthly ferry volume updates will be released on the following dates in 2025 at around 10.00am CET or as otherwise noted: 13 January12 February12 March11 April12 May12 June11 July2 NOVEMBER VOLUMES: CONTINUED FREIGHT & PASSENGER GROWTH INVESTOR NEWS no. 88 - 12 December 2024 Ferry – freight: Total volumes in November 2024 were 10.4% above 2023 and up 4.7% adjusted for the addition of Strait of Gibraltar routes in 2024, closure of Calais-Tilbury in 2023, and the sale of Oslo-Frederikshavn-Copenhagen in 2024. North Sea, Channel, and Baltic Sea volumes were all, also in November, above 2023 following growth on most routes. Mediterranean volumes were in November below 2023 following increased competition in one corridor. For the l DFDS to provide Jersey ferry services from 2025 DFDS will work with local authorities, businesses, ports, and communities in Jersey to customise the service for an improved travel experience. SHARE BUYBACK TRANSACTIONS, PROGRAMME COMPLETED COMPANY ANNOUNCEMENT no. 86 - 2 December 2024 On 9 February 2024, DFDS A/S (“DFDS”) announced the initiation of a share buyback programme to be executed in accordance with EU Market Abuse Regulation, EU Regulation no. 596/2014 of 16 April 2014, and the provisions of Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 (the “Safe Harbour Rules”). Under the programme, DFDS will repurchase own shares of up to DKK 431m during the period from 12 February 2024 to 31 December 2024. A maximum SHARE BUYBACK TRANSACTIONS COMPANY ANNOUNCEMENT no. 85 - 25 November 2024 On 9 February 2024, DFDS A/S (“DFDS”) announced the initiation of a share buyback programme to be executed in accordance with EU Market Abuse Regulation, EU Regulation no. 596/2014 of 16 April 2014, and the provisions of Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 (the “Safe Harbour Rules”). Under the programme, DFDS will repurchase own shares of up to DKK 431m during the period from 12 February 2024 to 31 December 2024. A maximum DFDS AGREES NEW TERMS AND COMPLETES TURKISH LOGISTICS ACQUISITION COMPANY ANNOUNCEMENT no. 83 - 15 November 2024 DFDS acquires international transport network connecting Türkiye and Europe from Ekol LogisticsAcquisition replicates DFDS’ ferry/road business model to the Mediterranean and connects Türkiye to DFDS’ existing logistics networkNetwork expected revenue for 2024 of DKK 3.3bn and 3,700 employeesShare purchase agreement revised since 1 November 2024Transaction enterprise value of DKK 1.8bn corresponding to 0.55x EV/Sales for Q3 2024 LTMInvestor/analyst DFDS OCTOBER VOLUMES: SOLID FREIGHT GROWTH INVESTOR NEWS no. 81 - 7 November 2024 Ferry – freight: Total volumes in October 2024 were 10.3% above 2023 and up 5.6% adjusted for the addition of Strait of Gibraltar routes in 2024 and closure of the Calais-Tilbury route in 2023. North Sea, Channel, and Baltic Sea volumes were all above 2023 following solid growth on most routes. Mediterranean volumes were in October also above 2023. For the last twelve months 2024-23, the total transported freight lane metres increased 6.7% to 41.0m from 38. DFDS Q3 2024 INTERIM REPORT - WORKING THROUGH HEADWINDS ANNOUNCEMENT NO. 80/2024 Q3 2024 Revenue up 11% to DKK 8.0bn Organic growth was 4%EBIT reduced 11% to DKK 785mAdjusted free cash flow of DKK 396mCO2 ferry emission intensity lowered 1.6% Outlook 2024 (updated 1 November 2024) EBIT of DKK 1.5-1.7bnRevenue growth of 8-10%Adjusted free cash flow of around DKK 1.2bn “Despite market headwinds, we continued in line with our organic growth ambitions to protect and grow volumes in Q3 on the back of our network strength,” says Torben Carlsen, CEO. Q3Q3Ch INVITATION TO DFDS Q3 2024 CONFERENCE CALL INVESTOR NEWS no. 79 - 4 November 2024 DFDS expects to publish the report for Q3 2024 on 7 November 2024 at around 07:30 CET. Torben Carlsen, CEO, and Karen Boesen, CFO, will present the report on a live conference call. The presentation will be followed by a Q&A session. Investors, analysts and other interested parties are invited to take part. Conference call Date: 7 November 2024 Time: 10:00 CET Registration: Register ahead of the call via this link. Access code is mailedafter registration. L DFDS 2024 OUTLOOK LOWERED BY MARKET SLOWDOWN AND TRANSACTION TERMINATION COMPANY ANNOUNCEMENT no. 77 - 1 November 2024 EBIT 2024 outlook range lowered to DKK 1.5-1.7bn from DKK 1.7-2.1bnAdjusted free cash flow 2024 outlook is changed to around DKK 1.2bn fromaround DKK 1.5bn DFDS’ EBIT outlook range for 2024 is revised following results below expectations driven by mainly a more widespread slowdown in Europe than previously expected as well as intensified competition in northern European land transport markets and the Mediterranean freight ferry market. The current ma DFDS TERMINATES SHARE PURCHASE AGREEMENT FOR TURKISH ACQUISITION COMPANY ANNOUNCEMENT no. 76 - 1 November 2024 In April 2024, DFDS entered into a share purchase agreement to acquire the international transport network of Ekol Logistics. As noted in the company announcement no. 24 of 9 April 2024, completion of the transaction was conditional upon regulatory approvals and certain contractual conditions. As certain contractual conditions have not been satisfied by the agreed deadline, DFDS has terminated the share purchase agreement and the transaction will con SEPTEMBER VOLUMES: CONTINUED FREIGHT GROWTH INVESTOR NEWS no. 72 - 11 October 2024 Ferry – freight: Total volumes in September 2024 were 4.4% above 2023 and up 1.0% adjusted for the addition of Strait of Gibraltar routes in 2024 and closure of the Calais-Tilbury route in 2023. North Sea volumes were below 2023 following mixed activity levels across the route network. Mediterranean volumes were in September above 2023 with higher volumes on all routes. Channel volumes continued in September to be above 2023. Baltic Sea volumes were overall Performance Overview Trailing total returns as of 1/29/2025, which may include dividends or other distributions. Benchmark is OMX Copenhagen 25 Index Return 29K.F OMX Copenhagen 25 Index YTD -22.35% -0.51% 1-Year -47.26% -3.91% 3-Year -52.73% +2.11%