August 16, 2018

Some highlights of Viking Line’s half-year results for the period January 1 – June 30, 2018:

  • Consolidated sales EUR 225.7m (235.5m)
  • Operating income EUR -13.5m (-15.0m)
  • Passenger-related revenue EUR 201.7m (211.5m)
  • Cargo-related revenue EUR 22.9m (22.8m).

Thanks to lower operating expenses, consolidated income for the first six months of 2018 improved despite lower sales.

The weak Swedish krona had a negative impact on consolidated income.

Viking Line introduced a new organization model, with as aim to bring faster decision-making and clearer ownership of results. Strengthening the commercial focus at an organizational level is another goal.

Viking Line has transported 3.1m passengers, with a turnover of EUR 239.3m. Competitor Tallink welcomed 4.5m guests, and realized a turnover of EUR 451.4m.