DFDS, a Danish shipping company, faced considerable challenges last year as highlighted in its annual financial statement released on Thursday. Despite a 4% increase in revenue to 30.9 billion kroner, the company suffered a loss exceeding 400 million kroner, a stark contrast to the profit of over half a billion kroner recorded the previous year. The company attributes its unsatisfactory results to multiple factors, notably problems in Turkey, which it marks as a primary reason for its significant losses.

In late 2024, DFDS acquired the Turkish company Ekol International Transports, and the complexity of integrating this acquisition has proved costly for the shipping giant. Additionally, the company experienced difficulties in the Northern European markets, especially during the early half of 2025. The challenges were compounded by a recent round of layoffs that have significantly impacted the company's finances, further complicating its operational landscape.

In November, DFDS initiated a cost-cutting exercise that resulted in the elimination of 400 positions. This restructuring attempt, aimed at stabilizing the company amidst its financial woes, has led to increased operational costs related to severance and transition, adding to the overall financial burden. The situation reflects the broader challenges faced by maritime and transportation sectors due to geopolitical and market dynamics.