Significantly Better Q1 Financial Results for Port and Ferry Operator Tallinna Sadam Group

May 17, 2025

In Q1 of 2025, Tallinna Sadam group showed growth. Tallinna Sadam is one of the largest cargo- and passenger port complexes in the Baltic Sea region. In addition to passenger and freight services, Tallinna Sadam group also operates in shipping business via its subsidiaries – OÜ TS Laevad provides ferry services between the Estonian mainland, and others

Ferry business was stabile – although the number of passengers decreased by –2.1%, the number of vehicles increased by +2.1%.

“We are satisfied with the results of the first quarter. Although we see a slight decrease in the number of passengers and cargo volumes, the financial results are significantly better than last year.” Valdo Kalm, Chairman of the Management Board.

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