DFDS raises 2026 outlook after Q2 EBIT surge on ferry, logistics growth

Danish ferry and logistics operator DFDS raised its 2026 outlook on Tuesday after posting a 55% year-over-year increase in second-quarter EBIT, citing strong performance in its ferry and logistics divisions.

The company did not disclose specific EBIT figures for the quarter but said earnings before interest and taxes rose to 1.2 billion Danish kroner ($172 million) from 775 million kroner a year earlier. Revenue increased 10% to 4.8 billion kroner.

DFDS attributed the earnings growth to higher passenger volumes on its ferry routes and robust demand in its logistics segment, which includes freight transport and supply chain services. The company also highlighted improved operational efficiency and cost discipline.

Management raised its 2026 EBIT guidance to a range of 5.5 billion to 6.0 billion kroner, up from a previous target of 4.5 billion to 5.0 billion kroner. The new outlook reflects confidence in sustained demand across its core markets in Northern Europe and the Baltic Sea.

DFDS operates one of Europe’s largest ferry networks, connecting Denmark, Norway, Sweden, Germany, and the UK, alongside a logistics business with over 12,000 employees. The company’s shares were up 2.3% in Copenhagen trading following the announcement.

The upgraded outlook underscores DFDS’s position as a key player in regional transport and logistics amid ongoing supply chain shifts in Europe.