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DFDS Reports Strong Freight and Passenger Growth
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DFDS Ferries Report June 2023 Volume
DFDS June 2023 Transportation Volumes
DFDS Reports Decrease in Freight Volumes...
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DFDS, a European transport network operator, experienced an 11.2% increase in total transported freight lane meters in January 2024, driven by higher ferry revenue. The company saw a 19.7% increase in the total number of passengers to 4.7m compared to the previous year. DFDS also initiated a share buyback program of up to DKK 431 million and released its Q4 2023 interim and full-year report, expecting a revenue growth of 5-8% in 2024.
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How does DFDS's performance reflect the broader state of the European transport industry?
How might DFDS's share buyback program impact its capital structure and shareholder value?
What strategies could DFDS employ to sustain its revenue growth in 2024?
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