Viking Line: A Challenging Half-Year with Improved Results in the Second Quarter

August 22, 2025
  • Q2 2025 sales rose to EUR 128.4m (EUR 125.9m in 2024) with operating income of EUR 6.9m (EUR 6.2m) and pre-tax income of EUR 4.8m (EUR 1.8m).
  • For H1 2025, sales reached EUR 215.8m (EUR 219.1m), with an operating loss of EUR -11.2m (EUR -4.3m) and pre-tax loss of EUR -17.2m (EUR -12.4m). Results were impacted by the dockings of GABRIELLA and VIKING XPRS, as well as higher costs for emission allowances and fairway dues.
  • Passenger volumes declined slightly to 2.0m, with a 31.6% market share. Freight volumes improved to 71,324 units, giving a 19.5% share.
  • Investments amounted to EUR 12.4m, mainly related to GABRIELLA and VIKING XPRS.
  • The Board approved a second instalment dividend of EUR 0.50 per share, totalling EUR 8.6m, to be paid on 25 August.

President and CEO Jan Hanses said the profit trend in Q2 was stronger than the previous year, with improvements seen in all months of the quarter. He noted that demand during the high season months of July and August is forecast to be good, though the autumn outlook remains uncertain.

The Board expects full-year pre-tax profits to be on par with 2024, despite economic headwinds in Finland and Sweden, geopolitical risks, and rising environmental compliance costs.

Full details: Viking Line