Denmark's DFDS Q1 revenue falls

Dfds A/S

05/05/2026 06:38

Overview

Denmark transport network operator's Q1 2026 revenue fell 2% yr/yr to DKK 7.4 bln

Company returned to positive EBIT of DKK 33 mln, driven by improved division performance

2026 EBIT outlook maintained; adjusted free cash flow guidance raised to above DKK 250 mln

Outlook

DFDS sees 2026 revenue on level with 2025

Company maintains 2026 EBIT outlook at DKK 1.0-1.4 bln

DFDS raises 2026 adjusted free cash flow outlook to above DKK 250 mln

Result Drivers

DIVISIONAL IMPROVEMENT - Ferry Division performance improved due to higher freight results, especially in Mediterranean; Logistics Division benefited from Continent and Nordic units

COST CONTROL - Company said earnings were improved by five of six 'turning point actions' and ongoing cost control focus

OIL PRICE IMPACT - Higher oil prices from Iran/Gulf conflict had initial negative financial impact, expected to reverse in Q2

Company press release: ID:nGNE52w6z6

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Miss
DKK 7.35 bln
DKK 7.72 bln (1 Analyst)

Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the marine freight & logistics peer group is "hold"

Wall Street's median 12-month price target for DFDS A/S is DKK135.00, about 0.1% above its May 4 closing price of DKK134.90

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)