NOVEMBER VOLUMES: CONTINUED MIXED PICTURE FOR FREIGHT
| INVESTOR NEWS no. 34 - 13 December 2022 |
Ferry – freight: Total volumes in November 2022 were 12.0% below 2021. Volumes were 3.7% below 2021 adjusted for Channel that is impacted by a considerable total market decrease and overcapacity.
North Sea volumes were lowered by a temporary reduction in ferry capacity and continued supply chain disruptions for some automotive customers. Mediterranean volumes kept on growing in November, while Baltic Sea volumes remained negatively impacted by the war in Ukraine.
For the last twelve months 2022-21, the total transported freight lane metres decreased 2.4% to 42.2m from 43.3m in 2021-20. The decrease was 0.5% adjusted for Channel.
Ferry – passenger: The number of passengers continued to recover and increased 119% to 179k equal to 80% of volumes in November 2019, the latest comparable month pre-Covid-19. The number of cars equalled 89% of volumes in 2019.
For the last twelve months 2022-21, the total number of passengers was 3.5m compared to 0.9m in 2021-20 and 5.1m in 2019.
| DFDS ferry volumes | |||||||||
| November | LTM* | ||||||||
| Freight | 2020 | 2021 | 2022 | Change | 2020-19 | 2021-20 | 2022-21 | Change | |
| Lane metres, '000 | 4,159 | 3,866 | 3,402 | -12.0% | 40,103 | 43,285 | 42,250 | -2.4% | |
| Passenger | 2020 | 2021 | 2022 | Change | 2020-19 | 2021-20 | 2022-21 | Change | |
| Passengers, '000 | 44 | 82 | 179 | 118.7% | 1,790 | 861 | 3,548 | 311.9% | |
| *Last twelve months | |||||||||
DFDS reports monthly ferry volumes for freight and passengers to provide insight into the development of volume trends in DFDS’ European route network. DFDS’ ferry routes enable trade and travel in and around Europe. Click on the to see a map of the entire network. The December 2022 volume report is expected to be published on 12 January 2023 at around 10.00am CET.
Contact
Torben Carlsen, CEO
Karina Deacon, CFO
Søren Brøndholt Nielsen, IR
Nicole Seroff, Communications
About DFDS
DFDS provides ferry and transport services in and around Europe, generating annual revenues of around DKK 25bn.
To over 10,000 freight customers, we deliver high reliability through ferry & port terminal services and transport & logistics solutions.
For millions of passengers, we provide safe overnight and short sea ferry services.
Our 11,000 employees are located on ferries, terminals, distribution centres, and in offices across more than 20 countries. DFDS was founded in 1866, headquartered in Copenhagen, and listed on Nasdaq Copenhagen.
This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.
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