August 23, 2018

Eckerö Group can look back on a successful first six months for the three passenger operations (two ro-pax ferries and one Birka cruise vessel) and Eckerö Shipping’s two ro-ro vessels. They are employed in Northern Europe on fixed contracts for the paper industry. These contracts expire at the end of 2019.

Overview for the period 1.1 – 30.6.2018
+ Passengers 1.5 million (1.4 million)
+ Freight units on own lines 45,903 (41,000)
+ Turnover EUR 105.2 million (103.3 million)
+ Operating profit EUR 2.4 million (0.7 million)
+ Net debt EUR 43.6 million (60.8 million)

The clear majority of the increase is attributable to growth in the Gulf of Finland.

– The krona’s value has been weaker, which had a negative impact on earnings.
– Higher bunker costs