Stena AB Report: a Strong Year for the RoRo Portfolio

By 5 December 20252025 Newsletter week 49
December 5, 2025

Key Figures – Finance (first 9 months)

  • Total revenue: SEK 38,672m (↓ from 41,403m)
  • Operational EBITDA: SEK 9,040m (↓ from 10,300m)
  • EBITDA: SEK 9,771m
  • Profit before tax: SEK 2,239m
  • Available liquidity: SEK 17.1bn
  • Capex: SEK 8,486m, largely linked to newbuildings across the group

Ferry Operations

  • Operational EBITDA: SEK 3,284m (slightly ↓ from 3,332m)
  • Freight volumes stable, but car and passenger volumes ↓ 2% as the leisure market remains softer.
  • Cost-efficiency actions helped keep performance in line with last year.
  • Ferry revenue remains driven by a mix of ticket sales, freight haulage and onboard spend, with bunker and personnel the largest cost items.

RoRo Operations

  • A strong year for the RoRo portfolio.
  • Operational EBITDA: SEK 1,094m (↑ from 742m) thanks to:
    • Deliveries and chartering of ALASUNIU, SAINT-MALO, GUILLAUME DE NORMANDIE.
    • Acquisition of STENA SHIPPER in January 2025.
    • Partly offset by the 2024 sale of MSC BRIDGE.
  • New tonnage continues to underpin Stena RoRo’s role as a fleet-expanding tonnage provider with a strong charter market.

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