Independent journal on economy and transport policy
12:04 GMT+1
This page has been automatically translated by Original news
Rise of the economic results of Finnlines
The third trimester has been archived item with a profit clearly of 5,3 million euros (+33%)
November 6, 2012
In the third trimester of this year the economic results of the company of Finnlines navigation of the Neapolitan shipowning group Grimaldi have shown an improvement regarding the correspondent period of 2011, while they still find it hard to evidence clear signs of increment of the traffic of the goods and the passengers transported from the fleet of the company, than work services in the Baltic Sea and the Sea of the North.
In the quarter July-september of the 2012 Finnlines has recorded a profit clearly of 5,3 million euros on revenues for 161,3 million euros against respective 4,0 million and 161,2 million euros in the third trimester last year. The EBITDA is piled to 30,8 million euros (+6%) and the EBIT to 14,3 million euros (+11%).
In the first nine months of the 2012 company it has totaled a profit clearly of 5,3 million euros on revenues for 470,9 million euros respect to a profit clearly of 600 thousand euros on revenues for 460,4 million euros in the correspondent period of 2011. EBITDA and EBIT are increased respective of 2% and 11% to 78,1 million and 28,8 million euros.
In the period January-september of this year the fleet of the company has transported about 485 thousand cargo unit, an analogous volume to that of the first nine months of the 2011, 45 thousand car (excluded those to the continuation of the passengers) regarding 51 thousand car in the period January-september of 2011, 1,6 million tons of goods not unitizzate (- 5%) and 487 thousand fleeting (- 4%).
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
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 economic results of the company of Finnlines navigation of the Neapolitan shipowning group Grimaldi have shown an improvement regarding the correspondent period of 2011, while they still find it hard to evidence clear signs of increment of the traffic of the goods and the passengers transported from the fleet of the company, than work services in the Baltic Sea and the Sea of the North.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
