DFDS – Headwinds In Mediterranean Impact 2025 Outlook
Finance2025 remains a transitional year for DFDS to enhance financial performance following challenges in 2024. The financial performance of most of the network in Q2 2025 aligned with expectations, and Logistics Boost projects remain on track. However, Mediterranean operations progressed less than anticipated in Q2, with stable volumes but underwhelming results from pricing initiatives.
Additional measures have been initiated to improve yield recovery in the second half of 2025. The turnaround of Logistics' Türkiye & Europe South made progress in network optimization, but volumes and margins fell short due to dynamics in the Turkish transport market, potentially delaying the breakeven target for 2025.
Reflecting these challenges, the 2025 EBIT outlook has been revised to a range of DKK 0.8-1.0 billion from approximately DKK 1.0 billion. Q2 cash flow generation was on target, and financial leverage is expected to improve in the second half of 2025.
The 2025 Adjusted free cash flow outlook remains unchanged at DKK 1.0 billion.
DFDS' Q2 2025 interim report is scheduled for release on 20 August 2025 at approximately 7:30 AM CEST.
Aug 15 2025