AS Tallink Grupp Statistics For August 2019
Tallink Grupp breaks one million passengers per month mark for the third month in a row.
In August 2019, AS Tallink Grupp transported:
- +2.5% passengers (1,017,565)
- -3.2% cargo (30,519)
- +0.0% cars (115,339)
In April 2019, AS Tallink Grupp transported 779,113 passengers, which is a 1.3% decrease compared to April 2018.
For information: Last year the Easter weekend started in March, with Easter Sunday on the 1st of April. This year, Easter was on the 21st, with the whole Easter weekend in April.
The number of cargo units decreased by 2.3% to 32,386 units and the number of passenger vehicles decreased by 3.7% to 84,203 units.
A subsidiary of AS Tallink Grupp, Baltic SF IX Limited and Marine Atlantic Inc, a Canadian company with the state participation therein, have concluded to extend the current charter agreement of ro-pax ATLANTIC VISION (ex. SUPERFAST IX) for one year, until November 2020, with an option to extend the agreement for an additional two years.
The vessel has been on the long-term bareboat charter since November 14, 2008.
AS Tallink Grupp Statistics For February 2019
In February 2019 AS Tallink Grupp transported 620,006 passengers, which is a 0.4% decrease compared to February 2018. The number of cargo units increased by 1.1% to 29,115 units and the number of passenger vehicles decreased by 1.2% to 66,835 units in the same comparison.
Tallink saw a significant increase in the number of cargo units transported: + 5.7%, totalling nearly 385,000 cargo units transported in 2018.
The total number of passengers increased with 900 to the highest number ever: 9,756,611.
Tallink Grupp’s passenger numbers increased on nearly all the group’s routes and the number of cargo units transported increased on all the routes, with record numbers of passengers and cargo being transported on the Estonia-Finland routes and Estonia-Sweden routes, and the largest ever number of passengers transported also on the Latvia-Sweden route in 2018.
Despite the records achieved, the group’s revenue and profit were impacted by higher fuel costs, lower charter revenue and a longer-than-planned docking of one of the group’s vessels in spring 2018.
- -1.8% revenue EUR 949.7 million (EUR 967.0 million)
- -13.9% net profit EUR 40.0 million (EUR 46.5 million in 2017).
In 2018 Tallink Grupp’s vessels completed a record number of 10,070 trips.
See also the Moodie Davitt Report in the Media section
- Last year, Tallink Grupp saw unaudited revenue from restaurant and shops sales (including onshore) slide by 2.3% to €524.4 million as spend per passenger declined slightly.
- The core retail and restaurant segment accounted for 55.2% of total Tallink Grupp revenue in 2018, in line with 2017 (55.5%).
- Sweden-Finland is key route for generating duty free sales . Traffic fall of 2.5%. Reason is the BALTIC PRINCESS which was out of service for 68 days in Q1, for maintenance.
- Estonia-Finland is busiest route (5.1 million pax). Increased competition = pressure on ticket prices. A new ferry has been ordered to join the MEGASTAR on the route in 2021.
Tallink Grupp transported in the full year 2018:
+0,04% passengers: 9,760,469 (9,755,720)
+5,67% cargo units: 384,958 (364,296)
-0,83% passenger cars: 1,124,897 (1,134,323).
- Growth in spite of challenges, like longer than planned docking of BALTIC PRINCESS.
- Record number of passengers in July, with 1,2 million pax in this month only.
- Strong growth of cargo transportation, giving a new record.
Nasdaq announced on 3 December that AS Tallink Grupp commenced on Nasdaq Helsinki Main Market.
Its shares are listed on the main market of Nasdaq Tallinn since December 2005.
Tallink Grupp is the 75th company to be admitted to trading on Nasdaq’s Nordic markets in 2018, and it represents the 14th listing on Nasdaq Helsinki in 2018.
Tallink Grupp has announced its unaudited financial results for Q3 and first nine months of 2018.
Q3
+1.2% passengers (2.9 million passengers)
+0.3% revenue (EUR 283.6 million)
-3.6% unaudited net profit (EUR 46.1 million)
Comment:
- number of passengers travelling, and the number of cargo units transported increased in all the geographical segments, however:
- higher fuel costs
- decreased charter revenues two Superfast ferries have led to the slightly reduced profit compared to the same period in 2017.
Unaudited 9-month interim statement
+0.9% passengers (7.5 million passengers)
-7.9% net profit (EUR 41.8 million)
-1.5% unaudited revenue (EUR 723.2 million)
Comment:
- June and July highest numbers of passengers ever for these months
- Largest number of passengers on the Estonia-Finland routes.
- Largest number of cargo units on the Estonia-Finland routes
- The greatest increases in both passengers and cargo units transported, has taken place on the Latvia-Sweden route.
- Significantly increased fuel prices
- Lower charter revenues
- Strong competition
- Longer than planned docking of one of the vessels in Q1
In October 2018 AS Tallink Grupp transported 785,583 passengers, which is a 2.8% decrease compared to October 2017.
The number of cargo units increased by 4.8% to 36,666 units and the number of passenger vehicles decreased by 8.0% to 82 882 units.
Especially the passenger traffic between Estonia and Finland, and Estonia-Sweden went down.
