FERRY PORTS

By | 2019 Newsletter week 45 | No Comments

Annual Report 2018-2019 TT-Line Company Pty Ltd

Key figures (in $ AUD)

  • +6.4% Revenue = $260.3 million ($244.6 million)
  • +11.2% EBITDA = $63.4 million ($57.0 million)
  • -0,6% Profit after tax = $44.1 million ($44.4 million)
  • -0,4% Passengers = 446,869 (448,764)

Freight = record numbers, ships sail at full capacity.

At the time of writing, the Company was in close discussions with Flensburger Schiffbau-Gesellschaft (FSG) regarding contracts for the construction of two new roro ships. While FSG’s financial difficulties were widely reported during the year, the Company has solid contracts in place with the shipbuilder to build the new Spirit of Tasmania vessels.