Independent journal on economy and transport policy
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Finnlines closes the first trimester with a net loss of 5,8 million euros
Revenues in increase of 4.3%
May 11, 2012
Finnlines, the society of navigation of the Italian shipowning group Grimaldi that work in the Baltic Sea and the Sea of the North, has archived item the first trimester of this year with a net loss of 5,8 million euros on revenues for 145,0 million euros respect to a net loss of 4,6 million euros on revenues for 139,0 million euros in the first three months of 2011. The EBITDA is piled to 16,0 million euros (+6.0%) and the result before taxes has been negative for 7,1 million euros respect to liabilities before the taxes of 6,1 million euros in the first trimester last year.
In the first three months of the 2012 ships of Finnlines they have transported 156,000 cargo units (+0.6%), 16,000 motors vehicle (with exclusion of those to the continuation of passengers) (- 5.9%), 520,000 tons of goods not unitizzate (+4.2%) and 118,000 passengers (- 2.5%). In the first trimester of this year the company has employed medium 23 ships on own routes regarding 24 ships in the first three months of 2011.
In the first three months of the 2012 Finnlines it has employed medium 1,991 dependent (2,039 in the first three months of 2011), of which 984 (1,102) employed people to earth and 1,007 (937) on board of the ships. The company has explained that the increment of the marine staff has had to the taken one in delivery of two new ships in the course of the period, while the decrease of the staff to earth is effect mainly of the reduction of the places of work put into effect in the segment of the harbour activities of the group.
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Finnlines, the society of navigation of the Italian shipowning group Grimaldi that work in the Baltic Sea and the Sea of the North, has archived item the first trimester of this year with a net loss of 5,8 million euros on revenues for 145,0 million euros respect to a net loss of 4,6 million euros on revenues for 139,0 million euros in the first three months of 2011. The EBITDA is piled to 16,0 million euros (+6.0%) and the result before taxes has been negative for 7,1 million euros respect to liabilities before the taxes of 6,1 million euros in the first trimester last year.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
