Rederiaktiebolaget Eckerö Q3: Increased turnover and improved profitability

By 25 November 20222022 Newsletter week 47
November 25, 2022
  • +70% passengers 919,687
  • -9% freight units 38,680
  • +43% turnover EUR 59.6 million
  • EBITDA EUR 12.8 million (was 5.8)
  • EBIT Operating profit amounted to EUR 9.5 million (EUR 2.5 million), corresponding to a margin of 16.0% (5.9%)
  • Result EUR 5.2 million (EUR 1.7 million)
  • Cash flow for the period was EUR 3.9 million (EUR 1.7 million)

Outlook

The fourth quarter has started with volumes in line with pre-pandemic levels.

The high bunker prices, the high inflation and the volatile Swedish krona create uncertainty. 30% of the estimated bunker consumption during the rest of the year is price-guaranteed.