JANUARY VOLUMES: GOOD START TO THE YEAR

INVESTOR NEWS no. 07 - 9 February 2024

Ferry – freight: Total volumes in January 2024 were 10.1% above 2023 and up 5.1% adjusted for the addition of Strait of Gibraltar routes and closure of the Calais-Tilbury route.

North Sea volumes were above 2023 partly due to the addition of further automotive volumes on one route. Mediterranean volumes were below 2023 following a slow start as volumes picked up through the month.

Channel volumes were above 2023 driven by the Dover Strait routes. Baltic Sea volumes were also 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 6.7% to 38.7m from 41.6m in 2023-22.

Ferry – passenger: The number of passengers in January 2024 were 87.4% above 2023 and up 2.7% 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 58.4% above 2023 and on level with 2023 adjusted for Strait of Gibraltar.

For the last twelve months 2024-23, the total number of passengers increased 19.7% to 4.7m compared to 3.9m for 2023-22.

DFDS ferry volumes
	January					Last twelve months
Freight	2022	2023	2024	Change		2022	2023	2024	Change
Lane metres, '000	3,326	3,030	3,336	10.1%		43,406	41,554	38,750	-6.7%
Passenger	2022	2023	2024	Change		2022	2023	2024	Change
Passengers, '000	54	173	324	87.4%		886	3,891	4,656	19.7%

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 February 2024 volume report is expected to be published on 12 March 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.

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