Gotlandsbolaget has reported strong results for 2024, marking a year of strategic expansion and financial stability. Total revenue reached SEK 2.62 billion, up from SEK 2.37 billion in 2023, reflecting the company’s continued growth. The adjusted operating profit increased to SEK 218 million, driven by a solid performance in Gotland traffic.
A major milestone was the acquisition of the Oslo-Copenhagen route from DFDS, which expanded Gotlandsbolaget’s footprint in the passenger shipping sector. The transition included the integration of around 800 employees and the addition of the cruise ferries NORDIC PEARL and NORDIC CROWN (ex PEARL SEAWAYS and CROWN SEAWAYS). The rebranding of the route to Go Nordic Cruiseline is set for 2025.
Sustainability remains at the core of Gotlandsbolaget’s strategy. In 2024, the company announced an investment in a biogas plant, securing volumes of fossil-free fuel for the Gotland traffic. Additionally, Gotlandsbolaget ordered the Gotland Horizon X, a next-generation high-speed catamaran designed for future carbon-neutral operations.
While the transition of the Oslo-Copenhagen route incurred start-up costs, the company remains financially solid, with an equity ratio of 82%. Investments in fleet modernisation and environmental sustainability will position Gotlandsbolaget for continued success in the coming years.
Source: Gotlandsbolaget
