Independent journal on economy and transport policy
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Finnlines has closed the second trimester with a profit clearly of 5,7 million euros
the volume of transactions has grown of 2.8%
July 26, 2012
In according to trimester of this year Finnlines company of the Neapolitan shipowning group Grimaldi it has recorded a profit clearly of 5,7 million euros on revenues for 164,6 million euros respect to a profit clearly of 1,2 million euros on revenues for 160,2 million euros in the correspondent period of 2011. EBITDA and EBIT are piled respective to 31,4 million and 14,7 million euros, in increase of 20.3% and 49.1% on the period April-june of 2011.
Finnlines altogether has archived item the first semester of 2012 with a net loss of about 100 thousand euros on revenues for 309,6 million euros respect to a net loss of 3,4 million euros on revenues for 299,2 million euros in the first half last year. Semiannual EBITDA and EBIT are increased respective of 3.5% and 15.0% to 47,3 million and 14,5 million euros.
Finnlines, than work marine services for the transport of rotabili and passengers in Europe North, has announced to have transported in the first semester of this year volumes of traffic for about 324.000 units of loaded respect to an analogous volume with 324.000 cargo units in the first half of the 2011 (figure that is corrected compared to the previous volume of 362.000 units calculated from the company for the first six months of 2011), 30,000 excluded motors vehicle those to the continuation of the passengers (38,000 cars in first semester 2011), 1.073.000 tons of goods (1.097.000) and 291,000 private and commercial motor vehicles (292,000).
Confirming the prosecuzione of own plan of restructure of the fleet and the organization with the objective to improve the productivity of the ships and the logistic system, Finnlines it has specified that between the measures under consideration figure also the possibility to approach the renewed Finnish regime of tonnage tax, that it is in vigor from last March, and that a final decision in purpose will be assumed to more late within the end of 2014.
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Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
In according to trimester of this year Finnlines company of the Neapolitan shipowning group Grimaldi it has recorded a profit clearly of 5,7 million euros on revenues for 164,6 million euros respect to a profit clearly of 1,2 million euros on revenues for 160,2 million euros in the correspondent period of 2011. EBITDA and EBIT are piled respective to 31,4 million and 14,7 million euros, in increase of 20.3% and 49.1% on the period April-june of 2011.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
