P&O Ferries Published Its 2024 Results

By 16 January 20262026 Newsletter week 02
January 16, 2026

Earlier this week, P&O Ferries, its holding company Dubai Ferries Holdings FZE and its subsidiaries published the full accounts made up to 31 December 2024.

Dubai Ferries Holdings FZE (ultimate holding company) reported a loss for the year 2024 after taxation £98.2m (£97.1 in 2023) (as shown on p58).

  • Freight units (thousands) 1,251 (1,326 in 2023)
  • Car volumes (thousands) 903 (890 in 2023)
  • Passenger volumes (thousands) 4,376 (4,590 in 2023)

Source: https://find-and-update.company-information.service.gov.uk/company/06038090

Divisional performance

P&O Ferries Limited reported a £20.7m profit before tax, up from £2.1m in 2023.

Turnover increased to £806.6m, reflecting stabilised ferry operations and cost control.

Source: https://find-and-update.company-information.service.gov.uk/company/00237626

P&O European Ferries (Irish Sea) Limited reduced its loss to £1.6m, from £15.5m in 2023, despite lower volumes.

Source: https://find-and-update.company-information.service.gov.uk/company/NF000676

P&O North Sea Ferries Limited posted a £8.9m loss, compared with £1.9m in 2023, amid ongoing margin pressure.

Source: https://find-and-update.company-information.service.gov.uk/company/00809079

P&O Short Sea Ferries Limited recorded a £36.6m loss, compared with a loss of £61.3m in 2023, highlighting continued cost and regulatory pressure on Dover–Calais.

Source: https://find-and-update.company-information.service.gov.uk/company/03291852

P&O Ferries Thames Limited remained loss-making with a £13.7m loss, compared with a loss of £10.3m in 2023, despite stable revenues.

Source: https://find-and-update.company-information.service.gov.uk/company/06860796