Stena AB, 2022: a profitable year with positive development in all activities

April 28, 2023

Some relevant highlights from the annual review 2022:

 Stena Line: strong year with focus on sustainability and expansion

  • With continued expansion in several regions, and new vessels in operation, Stena Line noted another successful year in 2022.
  • “Our expansion is continuing. The major challenge is the green transition, where the new E-Flexer vessels are important pieces of the puzzle in achieving our goals,” comments Niclas Mårtensson, MD of Stena Line.
  • In 2022, Stena Line’s revenue increased by 42% to SEK 17.5 billion.
  • 33% share of total income of Stena AB
  • In 2022, Stena Line acquired a large area of land adjacent to the British port of Holyhead. The aim is to enlarge the port for future expansion of ferry traffic between Wales and Ireland.
  • Stena Line secured a long-term presence in Birkenhead/Liverpool through a contract that allows the company to continue to run and develop activities in the region until 2100. Stena Line has been operating the Liverpool–Belfast route since 2011, and this long-term contract opens up new opportunities for future expansion.

Stena RoRo: With delivery of new E-Flexer vessels and sale of a rebuilt vessel, Stena RoRo

recorded a record-high result for 2022 – both when it refers to the number of

transactions and results.

Per Westling, MD, Stena RoRo. “Investments in these vessels are extensive at over SEK 1 billion per ferry. But this is now paying off, as deliveries are starting to be ready and they go

directly into service, which results in a substantial cash flow for us. We’re also in dialogue with both Stena Line and a number of other shipping companies concerning orders for new E-Flexers, which we hope we’ll be able to land in the course of the coming year.”

  • Total Income: SEK 1,300 million (600)
  • 2% share of total income of Stena AB

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