Company Overview - DFDS operates a transport network in and around Europe with an annual revenue of DKK 30 billion and employs 16,500 full-time staff [2] - The company provides services for moving goods in trailers via ferry, road, and rail, along with complementary transport and logistics solutions [2] - DFDS also facilitates the movement of car and foot passengers on short sea and overnight ferry routes [2] - Founded in 1866, DFDS is headquartered and listed in Copenhagen [2] Financial Calendar for 2026 - The deadline for submission of proposals to the Annual General Meeting (AGM) is set for 11 February 2026 [1] - The annual report for 2025 and Q4 review will be released on 19 February 2026 [1] - The AGM is scheduled for 25 March 2026 [1] - The Q1 report for 2026 will be published on 5 May 2026 [1] - The Q2 report for 2026 is expected on 14 August 2026 [1] - The Q3 report for 2026 will be available on 5 November 2026 [1] Monthly Ferry Volume Updates for 2026 - Monthly ferry volume updates will be released on the following dates in 2026: - 13 January - 12 February - 12 March - 14 April - 12 May - 11 June - 10 July - 14 August (7:30 am CET) - 11 September - 13 October - 12 November - 11 December [1]

Core Points - DFDS has initiated the search for a successor to CEO Torben Carlsen to lead the company in the next phase of its strategy execution towards long-term value creation [1][4] - Torben Carlsen will remain in his position until a successor is appointed to ensure continuity and maintain momentum in the current transition focus and cost reduction program [1][5] - The CEO succession aligns with DFDS's ongoing strategy, "Moving Together Towards 2030," which aims to strengthen the foundation for long-term performance and unlock the value of its extended network [2][4] Company Background - DFDS operates a transport network in and around Europe, generating an annual revenue of DKK 30 billion and employing 16,500 full-time staff [7] - The company provides transportation of goods via ferry, road, and rail, as well as logistics solutions, and also transports car and foot passengers on various ferry routes [7] - DFDS was founded in 1866 and is headquartered and listed in Copenhagen [7] Leadership Transition - Torben Carlsen has been with DFDS for over 16 years, serving as CEO since May 2019, and has led the company through significant acquisitions and macro challenges [3][4] - The Board of Directors expressed gratitude for Carlsen's leadership and contributions to strengthening DFDS's position and network, as well as driving the green transition [4] - During the interim period, Carlsen will continue to lead DFDS with the full support of the Board [5][6]

Core Viewpoint - DFDS is initiating a Cost Reduction Programme aimed at achieving DKK 300 million in cost savings by 2026 to enhance financial performance and competitiveness in a changing market environment [2][3][7] Group 1: Cost Reduction Programme - The Cost Reduction Programme will primarily involve a reduction of approximately 400 office-based positions and other specific cost initiatives across the organization [3][7] - A one-off cost of around DKK 100 million is expected to be incurred in Q4 2025, mainly related to redundancies [3][7] Group 2: Financial Outlook - The EBIT outlook for 2025 has been lowered to DKK 600-750 million from a previous estimate of DKK 800-1,000 million, largely due to uncertainties in Q4 2025 for Mediterranean ferry and logistics activities [4][7] - The full-year 2025 Adjusted free cash flow is now expected to be around DKK 0.9 billion, down from a prior estimate of DKK 1.0 billion [4][7] Group 3: Company Overview - DFDS operates a transport network in Europe with an annual revenue of DKK 30 billion and employs approximately 16,500 full-time staff [6][8]

Company Overview - DFDS operates a transport network in and around Europe with an annual revenue of DKK 30 billion and employs 16,500 full-time staff [3] - The company provides services for moving goods in trailers by ferry, road, and rail, as well as offering complementary transport and logistics solutions [3] - DFDS also facilitates the movement of car and foot passengers on short sea and overnight ferry routes [3] - Founded in 1866, DFDS is headquartered and listed in Copenhagen [3] Upcoming Financial Report - DFDS is set to publish its Q3 2025 report on 6 November 2025 at approximately 07:30 CET [1] - The report will be presented by CEO Torben Carlsen and CFO Karen Boesen during a live conference call [1] - Following the presentation, there will be a Q&A session for investors, analysts, and other interested parties [1] Conference Call Details - The Q3 conference call is scheduled for 6 November 2025 at 10:00 CET [2] - Participants must register in advance to access the call, with an access code provided via email after registration [2] - Live-streaming of the conference call will be available through a designated link [2]

Core Viewpoint - 2025 is identified as a transitional year for DFDS, focusing on improving financial performance following challenges faced in 2024 [1][6]. Financial Performance - The Q2 2025 financial performance of most of the network was broadly in line with expectations [1]. - Q2 cash flow generation was on track, with financial leverage expected to improve in H2 2025 [4]. Earnings Challenges - Key earnings challenges in 2025 are linked to three specific focus areas, including the Logistics Boost projects, which are on track [1][6]. - The EBIT outlook for 2025 has been updated to a range of DKK 0.8-1.0 billion, down from a previous estimate of around DKK 1.0 billion due to challenges in the Mediterranean and Türkiye & Europe South regions [3][6]. Mediterranean Business Unit - Adaptation of the Mediterranean business unit progressed in Q2 2025 but fell short of expectations, particularly in pricing initiatives [2][6]. - Further actions have been initiated to enhance yield recovery effectiveness for the remainder of the year [2]. Türkiye & Europe South - The turnaround in the Türkiye & Europe South region progressed well in Q2 2025, but volumes and margins were below target, potentially delaying the breakeven target for 2025 [3][6]. Cash Flow Outlook - The outlook for Adjusted free cash flow in 2025 remains unchanged at DKK 1.0 billion [4][6]. Company Overview - DFDS operates a transport network in and around Europe, generating annual revenue of DKK 30 billion and employing 16,500 full-time staff [5][8].

Company Overview - DFDS operates a transport network in and around Europe with an annual revenue of DKK 30 billion and employs 16,500 full-time staff [3] - The company provides services for moving goods in trailers by ferry, road, and rail, as well as offering complementary transport and logistics solutions [3] - DFDS also facilitates the movement of car and foot passengers on short sea and overnight ferry routes [3] - Founded in 1866, DFDS is headquartered and listed in Copenhagen [3] Upcoming Financial Report - DFDS is set to publish its Q2 2025 report on 20 August 2025 at approximately 07:30 CET [1] - The report will be presented by CEO Torben Carlsen and CFO Karen Boesen during a live conference call [1] - Following the presentation, there will be a Q&A session for investors, analysts, and other interested parties [1] Conference Call Details - The conference call is scheduled for 20 August 2025 at 10:00 CET [2] - Participants must register in advance to access the call, with an access code provided via email after registration [2] - Live-streaming of the conference call will be available through a designated link [2]

Company Overview - DFDS operates a transport network in and around Europe with an annual revenue of DKK 30 billion and employs 14,000 full-time staff [3] - The company provides services for moving goods in trailers by ferry, road, and rail, as well as offering complementary transport and logistics solutions [3] - DFDS also facilitates the movement of car and foot passengers on short sea and overnight ferry routes [3] - Founded in 1866, DFDS is headquartered and listed in Copenhagen [3] Upcoming Financial Report - DFDS is set to publish its Q1 2025 report on 6 May 2025 at approximately 07:30 CET [1] - The report will be presented by CEO Torben Carlsen and CFO Karen Boesen during a live conference call [1] - Following the presentation, there will be a Q&A session for investors, analysts, and other interested parties [1] Conference Call Details - The conference call is scheduled for 6 May 2025 at 10:00 CET [2] - Participants must register in advance to access the call, with an access code provided via email after registration [2] - Live-streaming of the conference call will be available through a designated link [2]