November 1, 2024
All-time high operating results.
- Record Operating Results
- Highest ever cargo units: 140,556 (+7% from last year).
- Passenger count: 2.42 million (-2% from last year), despite fewer departures.
- M/S Shipper sold for 4.5 million EUR, profit impact of 3.2 million EUR.
- Financials
- Sales: 171.7 million EUR, consistent with last year.
- Operating profit: 20.3 million EUR, second highest recorded.
- Adjusted operating profit: 17.1 million EUR (+2% from last year).
- Period result: 14.7 million EUR (+31% from last year).
- Net debt: -1.1 million EUR (cash exceeds liabilities).
- Route Market Shares
- Finland-Estonia route: 28% passenger share, 39% cargo share (up from 37%).
- Åland-Sweden route: Passenger share above 80%.
- Q3 Highlights
- Highest-ever Q3 passengers: 1.09 million (+2%).
- Cargo units: 51,488 (+15%).
- Q3 Sales: 72.2 million EUR.
- Best-ever Q3 operating profit: 17.6 million EUR (+26%).
- Operational Improvements
- M/S Finlandia’s fuel consumption down by 9% due to optimised hull and propeller.
- Outlook
- Stable results expected, but geopolitical risks remain.
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