Rederi Ab Eckerö 2024: the Company’s Second-Highest Full Year Result Ever

March 2, 2025
  • +8% cargo units 189,656 (176,351). Highest number ever during a full year.
  • -0.6% pax 3,121,470 (3,140,221).
  • Despite the dockings of FINLANDIA and ECKERÖ at the beginning of the year, which resulted in 3% fewer scheduled departures for the company, passenger traffic has developed well.
  • During the period from February to December 2024, a total passenger record was achieved on the company’s two routes.
  • The sale of SHIPPER was completed on 22 January, at a sales price of 4.5 MEUR. The result effect before taxes was 3.2 MEUR.
  • Sales amounted to 222.9 MEUR, which is slightly above 2023 (221.5 MEUR)
  • Operating result was 22.4 MEUR (21.4 MEUR), which is the best operating result ever.
  • Adjusted for the sales of SHIPPER (2024) and EXPORTER (2023), the operating result is 19.2 MEUR (17.6 MEUR).
  • Net result for the year amounted to 15.6 MEUR (11.5 MEUR), which is the second-best result ever.
  • On the Finland-Estonia route, the passenger market share was 28% (29%) and the market share for cargo was 40% (37%).
  • During the year, the market share between Åland and Sweden was estimated to be over four-fifths of the total travelling on that route.
  • Net debt amounted to -6.8 MEUR as of 31.12.2024 (7.2 MEUR), which means that the company’s cash and cash equivalents now exceed the total interest-bearing liabilities.

Source: Rederi AB Eckerö (PDF)