Independent journal on economy and transport policy
17:53 GMT+1
This page has been automatically translated by Original news
Finnlines has closed the third trimester with a profit clearly of 30,4 million euros (+23%)
the revenues are piled to 130,4 million euros (- 6%)
November 8, 2016
Finnlines, the company of navigation of the Neapolitan shipowning group Grimaldi that work marine services for rotabili and passengers in the Baltic Sea and the Sea of the North, has concluded the third trimester of this year with revenues pairs to 130,4 million euros, down of the -6% on the same period of 2015. EBITDA and EBIT have turned out in increase respective of +15% and +20% to 49,6 million and 34,8 million euros. The profit clearly is piled to 30,4 million euros (+23%).
In the first nine months of the 2016 Finnlines it has recorded revenues pairs to 361,1 million euros, decreasing of the -7% on the period January-september last year. The EBITDA has been attested to 114,3 million euros (+21%), the operating result to 71,5 million euros (+35%) and the profit clearly to 60,9 million euros (+48%).
The president and managing director of Finnlines, Emanuele Grimaldi, have explained that to the improvement of the economic performances he has contributed to a decrease of the consumption of bunker and an operating cost reduction. Grimaldi has specified that the company previews an ulterior future improvement of the results.
In the first nine months of this year the fleet of ships of the nordeuropea company has transported 475 thousand cargo unit (468 thousand in the same period of 2015), 82 thousand car not to the continuation of the passengers (114 thousand), 1,2 million tons of not unitizzabili cargos (1,5 million) and 484 thousand fleeting (453 thousand).
- 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
Finnlines, the company of navigation of the Neapolitan shipowning group Grimaldi that work marine services for rotabili and passengers in the Baltic Sea and the Sea of the North, has concluded the third trimester of this year with revenues pairs to 130,4 million euros, down of the -6% on the same period of 2015. EBITDA and EBIT have turned out in increase respective of +15% and +20% to 49,6 million and 34,8 million euros. The profit clearly is piled to 30,4 million euros (+23%).
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
