Brief: DFDS Sees 2024 EBIT Outlook Of DKK 2.0-2.4 Bln

Dfds A/S

08/05/2024 06:35

May 8 (Reuters) - DFDS AS  DFDS.CO :
    * OUTLOOK 2024: EBIT OF DKK 2.0-2.4BN
    * OUTLOOK 2024: REVENUE GROWTH OF 8-11%
    * RESULT FOR Q1 2024 WAS AHEAD OF OUR EXPECTATIONS FOR
QUARTER
DRIVEN BY FERRY DIVISION
    * WE SAW A HIGHER THAN EXPECTED PICK-UP IN FERRY VOLUMES
ACROSS
MOST OF NETWORK IN Q1
    * LAND TRANSPORT NETWORK MOSTLY FACED FLAT OR LOWER VOLUMES.
    * PERSISTENT OVERCAPACITY ENHANCED PRICING PRESSURE IN
CERTAIN
MARKET AREAS
    * CURRENT MARKET ENVIRONMENT REMAINS MIXED.
    * FINANCIAL LEVERAGE TO DECREASE IN COMING QUARTERS AHEAD OF
EXPECTED CLOSING OF ACQUISITION OF EKOL LOGISTICS TRANSPORT
NETWORK

Source text for Eikon:  ID:nGNE9Fw2vL 
Further company coverage:  DFDS.CO 

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