DFDSNasdaq CopenhagenMarine ShippingIFRS · DKK

DFDS A/S

DFDS A/S is a Denmark-based ferry and logistics company that operates a route network across Northern Europe and the English Channel. Its core business combines RoPax and passenger ferry transport with freight shipping, road haulage, and integrated logistics services.

Liikevaihto30,9mrd DKK
+4,0 %v/v
Liikevoitto (EBIT)520milj. DKK
−65,5 %v/v
EBIT-marginaali1,7%
−3,4 %-yks.v/v
Nettotulos−425milj. DKK
−178,6 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2021–2025

010203040mrd DKK2021: 17,9 mrd DKK2021: EBIT 1,3 mrd DKK20212022: 26,9 mrd DKK2022: EBIT 2,5 mrd DKK20222023: 27,3 mrd DKK2023: EBIT 2,3 mrd DKK20232024: 29,8 mrd DKK2024: EBIT 1,5 mrd DKK20242025: 30,9 mrd DKK2025: EBIT 0,52 mrd DKK202512 kk 2026: 32,1 mrd DKK12 kk32,1
LiikevaihtoLiikevoitto (EBIT)12 kk = viimeiset 12 kuukautta, ei kokonainen tilikausi

Liiketoiminta

Osuus liikevaihdosta
Ferry transport55 %

Scheduled RoPax, passenger, and freight ferry crossings across the route network.

Logistics45 %

Road haulage, warehousing, and integrated freight logistics services.

Asiakkaat

DFDS serves both passenger travelers and commercial freight customers that need regular transport across short-sea corridors. Its customer base includes vehicle passengers, tour and leisure travelers, manufacturers, distributors, and logistics users that rely on scheduled maritime links and connected inland transport.

Passenger travelers

Buy ferry crossings for travel with or without a car across DFDS routes.

Freight shippers

Use ferry capacity and logistics links to move goods between markets.

Logistics customers

Outsource road haulage and supply chain services to DFDS.

Tour and leisure travelers

Purchase passenger and cruise ferry services for regional travel.

Strategia

DFDS's strategic position rests on combining ferry capacity with logistics capabilities so it can serve both passenger and freight flows. The business is built around route network density, operational reliability, and links between maritime transport and inland logistics.

Protect and optimize route networkKeskipitkä aikaväli

Route density and schedule frequency are central to customer retention and utilization.

Expand integrated logistics offeringKeskipitkä aikaväli

Combining sea and land transport increases customer stickiness and broadens service scope.

Maantiede

DFDS is anchored in Denmark but operates a route network spanning Northern Europe, the North Sea, the English Channel, and the Baltic-related corridors. Geography is central to the business because demand depends on specific port pairs, sailing schedules, and cross-border trade flows.

Riskit

DFDS is exposed to fuel costs, port and route disruptions, and cyclical freight and leisure demand because its business depends on fixed schedules and asset-intensive transport operations. Competitive pressure in short-sea shipping, regulatory requirements, and exposure to cross-border trade conditions can affect utilization and pricing.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Fuel price volatility1Route disruption and port congestion2Regulatory and emissions compliance3Trade cycle exposure4
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Fuel price volatilityVaikutus: KorkeaTodennäköisyys: Korkea

    Ferry operations are energy intensive and fuel costs can move quickly.

    Kohdistuu: Fleet operations and route economics

  2. Route disruption and port congestionVaikutus: KorkeaTodennäköisyys: Kohtalainen

    A scheduled network depends on ports, timetables, and operational continuity.

    Kohdistuu: Passenger and freight service reliability

  3. Regulatory and emissions complianceVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Shipping and ferry operators face tightening environmental and safety rules.

    Kohdistuu: Fleet investment and operating costs

  4. Trade cycle exposureVaikutus: KeskitasoTodennäköisyys: Korkea

    Freight volumes depend on manufacturing, retail, and cross-border flows.

    Kohdistuu: Short-sea freight demand

Kirjanpito

Harkinnanvaraiset erät
IFRS 16 leases

Vessel and terminal leases can materially affect leverage, EBITDA, and depreciation patterns.

Vaikutus: Balance sheet and operating profit presentation

Hedge accounting

Fuel-related derivatives may shift the timing of gains and losses in reported results.

Vaikutus: Income statement volatility and OCI

Impairment of vessels and route assets

Route-specific assets need review if demand or utilization weakens.

Vaikutus: Non-cash impairment charges

Seasonality

Passenger travel and freight volumes can vary by season and affect quarterly comparability.

Vaikutus: Revenue and margin timing

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 24.10.2026