Independent journal on economy and transport policy
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Decided rise of the economic results of the Finnlines Finn
the first trimester of 2017 is closed with a profit clearly of 11,2 million euros (+34.3%)
May 17, 2017
The recorded economic results in the first trimester of this year from the Finnlines have turned out in decided increase, company of Finnish navigation that takes part of the Neapolitan shipowning group Grimaldi and that 17th May anniversary its has celebrated 70°. The period has been archived item with revenues pairs to 120,9 million euros, in increase of +14.9% regarding 105,2 million euros in the first three months of 2016. EBITDA and EBIT are increased respective of +10.7% and +19.9% to 28,0 million and 13,6 million euros. The profit clearly has marked a rise of +34.3% attesting itself to 11,2 million euros.
In increase also the enlivened volumes of traffic from the ships of the Finnlines, with the exception of the goods not unitizzate that they have been pairs to 310 thousand tons regarding 369 thousand tons in the first trimester last year. The cargo units transported by the fleet have been pairs to 165 thousand (165 thousand in first trimester 2016), the passengers have been 115 thousand (113 thousand) and the cars not to the continuation of the passengers 32 thousand (31 thousand).
"The first three months of the Finnlines group - it has commented the president and managing director of the company, Emanuele Grimaldi - have demonstrated, once again, of being very strong". "After a long period of slow economic development in Europe - it has added - in the first three months positive signs in the economic increase are recorded and above all in Finland the volume of the exported and imported assets is increased of 10%".
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
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The recorded economic results in the first trimester of this year from the Finnlines have turned out in decided increase, company of Finnish navigation that takes part of the Neapolitan shipowning group Grimaldi and that 17th May anniversary its has celebrated 70°. The period has been archived item with revenues pairs to 120,9 million euros, in increase of +14.9% regarding 105,2 million euros in the first three months of 2016. EBITDA and EBIT are increased respective of +10.7% and +19.9% to 28,0 million and 13,6 million euros. The profit clearly has marked a rise of +34.3% attesting itself to 11,2 million euros.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
