Tallink Grupp has acquired the development rights for global fast food chain Burger King in Estonia, Latvia and Lithuania. The three Baltic states are among the few remaining countries in Europe where the fast food chain does not yet have restaurants.
Key figures:
ANEK Group turnover: €72.5m versus €72.9m in H1, 2018
ANEK Lines Parent Company turnover: €66.1m versus €66.9m
ANEK Group EBITDA: profits: €3.2m versus €1.6m
ANEK Lines Parent Company EBITDA: €2.8m versus €2.1m
Traffic:
370k (368k) Passengers
65k (62k) Cars
68k (69k) Freight Units
Increase In Revenue And EBITDA But Red-Figure Net Results For ANEK
Figures 2018:
-9% ferry crossings
-7% passengers = 965,000 (1,040,000)
-7% cars = 189,000 (204,000)
-5% freight units = 132,000 (139,000)
Financial results in a nutshell:
- Increase in turnover and EBIDTA.
- The increase resulted from the Adriatic Sea routes as well as from vessels’ chartering to companies abroad.
- ANEK counterbalanced rising operating costs resulting from the increase in fuel prices by approximately 25%.
- After three consecutive years of profitability, the Group and the Parent company recorded losses after taxes. Extraordinary provisions as well as financing and investing results had a negative effect on net results and equity, which turned negative.
- Turnover: +2.1% Group / +2.8% Parent company
- Gross profit: +0.6% Group / -2.1% Parent Company
- EBITDA: +14% Group / +12.1% Parent Company
Net Results: Group -13.8 million (9.8 million) /Parent Company -13.2 million (12.6
ANEK LINES (Riaz Shipping) acquired the small ro-ro ISLAND EXPRESS. Our Greek correspondent believes she will be used to support LYKTOS, which operates in the Dominican Republic since 2018.
The ship is actually being overhauled in Perama.
ISLAND EXPRESS is a Visentini-built vessel from 1989, with a capacity for 70 trucks.
Ferry Passengers Increasing (+4%) And Ro-Ro Decreasing (-1%) In The Port Of Ancona
In 2018, 1,151,266 passengers were handled in the port of Ancona, 6% more compared with the year before, and 1,084,235 of those were transported by ferries (+4%).
More in detail:
- 771,874 passengers (+1%) Ancona – Igoumenitsa – Patras
- 221,446 (+7%) Ancona – Split (Croatia)
- 90,832 (+29%) Ancona – Durres (Albania).
The ferry companies active in the port of Ancona are Minoan Lines, Superfast Ferries and Anek Lines (to and from Greece), Grandi Navi Veloci and Adria Ferries (to and from Albania) and Jadrolinija and Snav (to and from Croatia).
As for the ro-ro traffic, 147,650 trucks and trailers were handled in the port in 2018, which means a 1% decrease compared with the previous year.