Independent journal on economy and transport policy
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Finnlines has closed 2014 with clearly an improvement of the economic performances
Emanuele Grimaldi: last year we have realized carrying out
February 24, 2015
In the 2014 company of Finnlines navigation of the Neapolitan shipowning group Grimaldi it has recorded a profit clearly of 41,7 million euros, with an increment of +594% regarding the exercise anniversary precedence. The revenues instead are dropped of the -5% attesting itself to 532,9 million euros against more emphasized decrease of the operating costs that are piled to 481,1 million euros (- 13%). The operating profit has totaled 115,4 million euros (+38%).
Last year the fleet of the Finnish company has transported 638 thousand cargo unit (632 thousand in 2013), 99 thousand car with exclusion of those to the continuation of the passengers (66 thousand), 2,4 million tons of goods (2,2 million) and 561 thousand fleeting (556 thousand in 2013).
"In the course of financial year 2014 - it has emphasized the president and managing director of Finnlines, Emanuele Grimaldi - we have realized carrying out that it has generated a having consisted value for the shareholders. The result before the taxes is increased of beyond 43 million euros regarding the year precedence. In the 2014 - it has explained - company it has been focused on the improvement of its activities and on the profit. We still continue to analyze every ship, every line and every function to the aim to verify if there is the possibility for an ulterior improvement and in order to react quickly if a sovracapacità exists or if other measures are necessary".
Finnlines has closed the solo fourth trimester of 2014 with a profit clearly of 8,5 million euros on revenues for 119,1 million euros, with bendings respective of the -14% and the -9% on the correspondent period of 2013. The operating profit has recorded an increment of +18% to 23,9 million euros.
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