Q4 2024 DFDS A/S Earnings Call Transcript

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Feb 21, 2025

Feb 21, 2025 / 09:00AM GMT
Torben Carlsen - DFDS AS - President, Chief Executive Officer, Member of the Executive Board

Thank you, and good morning, and welcome to DFDS' Q4 and full year 2024 conference call. I'm, as usual, joined by Karen Boesen, our CFO; and Søren Brøndholt, our Head of Investor Relations.

This morning, we released our 2024 numbers. As you know, we already released the headline EBIT numbers for '24, and '25 outlook, and they are both unchanged since January. Going into 2025, our story is quite simply that our strategy is to unlock value from our network. And to do that, we have three specific focus areas that we aim to resolve in 2025.

In 2024, we succeeded with organic growth, and we are getting good customer feedback on the capabilities of our network. We have a strong foundation to further unlock value. The three areas that we focus on in '25 are not new. It's the competitive situation for the Mediterranean ferry network, it's the turnaround of the acquired Turkish transport company, and it's the Logistics Boost projects that we initiated in 2024. I'll talk more about these three areas

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