Independent journal on economy and transport policy
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Rise of the economic results of Finnlines
the company previews to close the exercise in course with advanced results regarding those of 2010
November 8, 2011
In the third trimester of this year the Finnlines company has recorded an improvement of the economic results having had totaled a profit clearly of 4,0 million euros on revenues for 161,2 million euros, with increments respective of 118.7% and 9.3% on the correspondent period of 2010. The EBITDA is piled to 29,0 million euros (+17.9%) and the EBIT to 12,9 million euros (+39.0%).
The company has closed the first nine months of the 2011 with a profit clearly of 621 thousand euros on revenues for 460,4 million euros respect to a profit clearly of 5,4 million euros on revenues for 421,8 million euros in the same period last year. EBITDA and EBIT have attested respective to 70,2 million euros (+0.4%) and 22,7 million euros (- 9.9%).
In the period January-september of this year the fleet of the Finnish company, that it is controlled by the Neapolitan shipowning group Grimaldi, has transported about 483.000 units of cargo (+3%), 51,000 excluded motors vehicle the means to the continuation of passengers (+31%), 1.685.000 tons of goods (+13%) and 513,000 passengers (- 2%).
The board of directors of Finnlines previews that, in spite of the difficulties that have characterized 2011, the entire exercise anniversary in course will be archived item with advanced results regarding those of the exercise precedence.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
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Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
In the third trimester of this year the Finnlines company has recorded an improvement of the economic results having had totaled a profit clearly of 4,0 million euros on revenues for 161,2 million euros, with increments respective of 118.7% and 9.3% on the correspondent period of 2010. The EBITDA is piled to 29,0 million euros (+17.9%) and the EBIT to 12,9 million euros (+39.0%).
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
