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DFDS: October volume report: Freight above last year

DFDS A/S
·1-min read

Investor news no. 25/2020


Going forward, DFDS will on a monthly basis report ferry volumes for freight and passengers to provide additional insight into the development of volume trends in DFDS’ European route network.


DFDS ferry volumes

October

LTM*

Freight

2019

2020

Change

2019-18

2020-19

Change

Lane metres, '000

4,112

4,130

0.4%

41,100

39,487

-3.9%

Passenger

2019

2020

Change

2019-18

2020-19

Change

Passengers, '000

397

64

-83.8%

5,129

2,302

-55.1%

*Last twelve months

Ferry – freight: Total volumes in October were 2% above 2019 adjusted for the closure of the Paldiski-Hanko route.

North Sea volumes were above 2019 driven by stockbuilding ahead of Brexit. Automotive volumes continued to recover. Baltic Sea volumes were also above 2019, mainly due to additional capacity between Estonia and Sweden. Mediterranean volumes were increased by growth in export volumes from Turkey. Volumes on the English Channel were slightly below 2019.

Ferry – passenger: Total number of passengers in October 2020 was 84% below 2019. The decrease reflects a continued negative impact from travel restrictions related to Covid-19. In the Baltic Sea, passenger numbers were considerably less impacted.

DFDS’ ferry routes enable trade and travel in and around Europe. Use the link below to see a map of the entire network.
https://bit.ly/36o5nkO


The November volume report is expected to be published on 11 December 2020.

Contact

Torben Carlsen, CEO +45 33 42 32 01

Karina Deacon, CFO +45 33 42 33 42

Søren Brøndholt Nielsen, IR +45 33 42 33 59

Gert Jakobsen, Communications +45 33 42 32 97

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act

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