Core Insights - DFDS reported a decline in ferry freight volumes in June 2025, with total volumes of 3.4 million lane metres, which is 1.7% lower than 2024 and down 3.7% when adjusted for route changes [1][5] - The year-to-date (YTD) growth rates for freight volumes were -0.2% and -1.3% respectively, indicating a challenging market environment [1] - Passenger volumes also saw a significant decrease, with June 2025 passenger numbers adjusted for route changes down 7.1% to 414,000 compared to 2024 [3][5] Freight Volumes - North Sea freight volumes were negatively impacted by a national strike in Sweden affecting Gothenburg port operations, while Mediterranean volumes decreased due to new ferry competition between Türkiye and Italy [1] - Channel volumes were also below 2024 levels, influenced by a decrease in the total Dover Strait market [2] - For the last twelve months, total transported freight lane metres increased by 3.7% to 41.5 million from 40.0 million in the previous year, with a 0.3% increase when adjusted for route changes [2] Passenger Volumes - The number of cars transported in June 2025 was 9.3% below 2024 when adjusted for route changes [3] - Over the last twelve months, the total number of passengers increased by 10.4% to 6.1 million compared to 5.5 million for the previous year, although the growth rate adjusted for route changes was -0.7% [3][5] 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]