Q3 2023 DFDS AS Earnings Call Transcript

Mar 01, 2024

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Nov 15, 2023 / 09:00AM GMT
Operator

Ladies and gentlemen, welcome to the DFDS Q3 Report 2023 Conference Call. (Operator Instructions) Today, I'm pleased to announce Torben Carlsen, CEO. Please go ahead.

Torben Carlsen - DFDS A/S-President - CEO & Member of Executive Board

Good morning, and welcome to DFDS' Q3 2023 conference call. I am, as usual, joined by Karina Deacon, our CFO; and Soren Brondholt, our Head of Investor Relations.

I'm very pleased that DFDS delivers another quarter that was solid and that led us to firm up our outlook this morning to an EBITDA range of now DKK 4.9 billion to DKK 5.2 billion. Our combined ferry growth and rail transport network and our supplementary contract logistics solutions continue to show resilience.

Let's turn to Slide 3 for a brief overview of the quarter's key result drivers. We had a very good passenger season, especially on the channel. We maintained the underlying freight ferry result on level with last year despite a 5% lower volume situation. And we continue to focus on adapting

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