Independent journal on economy and transport policy
12:30 GMT+1
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In the first three months of this year the revenues of the Finnlines have grown of +2.0%
The profit clearly has recorded a bending of -1,9%
May 7, 2019
The company of Finnish navigation Finnlines of the Italian shipowning group Grimaldi has archived item the first three months of this year with revenues pairs to 137,6 million euros, with an increment of +2.0% on the first trimester of 2018. The EBITDA is piled to 34,2 million euros (- 0.3%), the EBIT to 18,1 million euros (- 4.7%) and the profit clearly to 16,2 million euros (- 1.9%). The president and managing director of the Finnlines, Emanuele Grimaldi, have considered many good these results "considering - he has explained - of the fact that the increase of the exports and the Finnish imports quickly has a slow down regarding the year precedence". Remembering that 90% of the foreign trade of Finland happen by sea, Grimaldi he has remembered moreover that in the 2018 Finnish marine commerce he has reached the level record of 103,8 million tons and has emphasized that Finnlines is on the good road in order to obtain also in a 2019 optimal result and in order to reach own strategic objectives is in financial terms that environmental.
In the first trimester of this year the fleet of the company has transported 188 thousand cargo unit (187 thousand in the first trimester of 2018), 43 thousand car, excluded those to the continuation of the passengers (40 thousand), other goods for 287 thousand tons (304 thousand) and 122 thousand fleeting (125 thousand).
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
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Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
The company of Finnish navigation Finnlines of the Italian shipowning group Grimaldi has archived item the first three months of this year with revenues pairs to 137,6 million euros, with an increment of +2.0% on the first trimester of 2018. The EBITDA is piled to 34,2 million euros (- 0.3%), the EBIT to 18,1 million euros (- 4.7%) and the profit clearly to 16,2 million euros (- 1.9%). The president and managing director of the Finnlines, Emanuele Grimaldi, have considered many good these results "considering - he has explained - of the fact that the increase of the exports and the Finnish imports quickly has a slow down regarding the year precedence". Remembering that 90% of the foreign trade of Finland happen by sea, Grimaldi he has remembered moreover that in the 2018 Finnish marine commerce he has reached the level record of 103,8 million tons and has emphasized that Finnlines is on the good road in order to obtain also in a 2019 optimal result and in order to reach own strategic objectives is in financial terms that environmental.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
