Click on the picture to download the Annual Report from “Armateurs de France”.
Articles available in French and English.
A Fascinating Year For Finnlines, Says Mr Grimaldi
As written in Week 9, Finnlines has performed very well last year. The official figures are now available in the Annual Report, downloadable via below link.
• Revenue increased by 13.2%
• EBITDA improved by 9.5%
• Cargo units: 709,000
• Passengers: 619,000 (including freight drivers)
A Good Year For Color Line In 2017
Color Line AS, a company belonging to Color Group AS can look back on a successful 2017.
- Operating revenue: NOK 4,968 million (4,896)
- Operating profit before depreciation and charter leases: NOK 1,180 million (1,149)
- Operating profit EBIT: NOK 630 million (616)
- Net profit: NOK 372 million (426)
- Number of passengers: 3,805,023 (3,850,947)
- Number of freight units: 180,480 (175,680)
Color Group is expecting to record a profit in 2018 that is comparable to the figures reported in 2017.
As a reminder, the company entered last year into a contract with Ulstein for the construction of the world’s largest plug-in hybrid ro-pax for the Sandefjord-Strömstad route (spring 2019)
One more detail: interesting to know is also that 65% of the company’s estimated bunker costs for 2018 and approx. 30% for 2019 are secured by hedging.
