Q2 2025 DFDS A/S Earnings Call Transcript
Key Points
- DFDS AS (FRA:29K) reported a slight growth in revenue driven by the addition of BU test compared to the same quarter last year.
- The logistics division performed ahead of expectations, supported by strong progress in logistics boost projects and transaction gains.
- The company achieved a strong operating cash flow of DKK1.1 billion, supported by working capital initiatives and a factoring program.
- DFDS AS (FRA:29K) has introduced biofuel on certain routes, contributing to a 4.1% reduction in emissions from ferry operations.
- The company has successfully launched new routes to Egypt and Spain, with the Egypt route already contributing positively.
- The Mediterranean ferry division underperformed due to lower pricing and additional costs, impacting overall earnings.
- The adaptation of the Mediterranean ferry business and the turnaround of logistics in Turkey and Europe South progressed slower than expected.
- The Turkish export market faces challenges due to foreign exchange parity issues, affecting pricing power.
- The company experienced increased competition on the Netherlands-UK corridor, leading to lower volumes and modest pricing impacts.
- The turnaround of Turkey and Europe South has been slowed by weak volumes and challenges in achieving price adjustments.
Good morning. Ladies and gentlemen. Welcome to the DFDS Q2 report 2025 conference call. I'm the close call operator. I would like to remind you that all participants will be in a listen-only mode, and the conference is being recorded. The presentation will be followed by a question and answer session. You can register for questions at any time by pressing and 1 on your telephone. For operator assistance, please press star and 0. The conference must not be recorded for publication or broadcast. At this time it's my pleasure to hand over to Tom Carlson, CEO. Please go ahead, sir.
/- -
Thank you. Good morning and welcome to our Qu conference call. I am, as usual, joined by Khan Bolton, our CFO and our head of investor relations. The headline of our Q2 report is that the result was lowered by Mediterranean headwinds. On the one hand, The result, for most of our network was broadly in line with our expectations.
As I said before,
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
