SEPTEMBER VOLUMES: MIXED PICTURE FOR FREIGHT

Core Insights - Total freight volumes in September 2025 reached 3.5 million lane metres, representing a 0.8% increase compared to 2024, but a 1.2% decrease when adjusted for route changes [1][2] - Passenger volumes in September 2025 saw a significant decline of 7.4% to 392,000 compared to 2024, with a year-to-date growth rate of -4.1% [3][4] Freight Volumes - North Sea freight volumes remained stable compared to 2024, while Mediterranean volumes decreased due to a slowdown in Turkish automotive manufacturing and reduced domestic demand [1] - Channel volumes increased due to new Jersey routes, and Baltic Sea volumes also showed growth, contributing to a total increase of 2.3% in transported freight lane metres over the last twelve months [2][5] Passenger Volumes - The total number of passengers decreased by 14.5% to 5.5 million in the last twelve months, down from 6.4 million in the previous year [3][5] - The number of cars transported in September 2025 was 5.7% lower than in 2024, adjusted for route changes [3] Company Overview - DFDS operates a transport network in Europe with an annual revenue of DKK 30 billion and employs 16,500 full-time staff [7] - The company provides ferry services for goods and passengers, facilitating trade and travel across Europe [7]