September 1, 2023
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H1 (1 January – 30 June 2023) in million SEK
- Consolidated EBITDA: 6,458 (5,547)
- Consolidated Operational EBITDA, excluding net gain on sale of assets and change in fair value of investment properties: 6,356 (4,978)
- Result before taxes: 485 (82)
- Liquidity position remains strong: SEK 24.0 billion
FERRY OPERATIONS: Increased car- and passenger volumes partly offset by lower freight volumes compared to the same period last year.
- Operational EBITDA decreased by SEK 376 million to SEK 1,686 (2,062) mainly due to higher costs. Freight volumes decreased 3% compared to last year, car volumes increased 2% and passenger volumes increased 5%.
SHIPPING: Increased operational EBITDA as a result of strong rates within Tanker operations together with increased operational EBITDA within the RoRo segment due to larger fleet in operation compared to the same period last year.
RORO OPERATIONS:
- Operational EBITDA from chartering out Ro-Ro vessels increased by SEK 153 million to SEK 444 (291) million in H1, mainly due to larger fleet in operation.
CURRENCY
Revenues and expenses, reported in Swedish kronor, are significantly affected by fluctuations in currency exchange rates, primarily relative to the U.S. dollar, the British pound and the Euro.
Revenues in Q2: 28% USD | 21% EUR | 15% GBP | 25% SEK