“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”, says Torben Carlsen, CEO of DFDS. 

Preliminary outlook for 2025

DFDS’ EBIT for 2025 is expected to be around DKK 1.0bn. The EBIT expectation includes substantial negative earnings impacts from the changed competitive environment of the Mediterranean ferry network. The addition of the Türkiye & Europe South business area (previously Ekol International Transport) to the Logistics Division will as expected also reduce EBIT in 2025.

DFDS will in 2025 focus on:

• Adapting Mediterranean ferry operations to the changed competitive environment
• Turning Türkiye & Europe South around to breakeven by year-end 2025
• Progressing the Logistics turnarounds initiated in 2024.

Deleveraging the capital structure will also be a priority in 2025 along with a review of non-core asset ownership.

The outlook will be detailed in the annual report for 2024 set for release on 21 February 2025 at around 7.30am CET.

Financial ambitions

As a consequence of the earnings development in 2024 and 2025, the financial ambitions regarding ROIC, adjusted free cash flow, and financial leverage set for 2026/27 are no longer applicable.

© Shippax