Independent journal on economy and transport policy
12:56 GMT+1
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Finnlines clearly has archived item the second trimester with a profit of 30,4 million euros (+18.1%)
The company will order to two new ships of the ability to 5.800 linear meters of rotabili and almost thousand passengers
July 31, 2019
In according to trimester of this year revenues of the company of Finnish navigation Finnlines of the Neapolitan shipowning group Grimaldi, than work mainly services of transport of passengers and rotabili in the Sea of the North and the Baltic Sea, have grown of +2.4% going up to 157,9 million euros regarding 154,3 million in the period April-june of 2018. The EBITDA is piled to 49,4 million euros (+12.0%), the operating profit to 32,6 million euros (+14.2%) and the profit clearly to 30,4 million euros (+18.1%).
In the period the ships of the fleet of the company have transported 188 thousand passengers (+5%), 45 thousand cars not included those to the continuation of passengers (+7%), 198 thousand rotabili cargo units (- 1%) and 294 thousand tons of other cargos (- 8%).
In the first semester of the 2019 revenues of Finnlines they have been attested to 295,5 million euros, with an increase of +2.2% on the first six months last year. The EBITDA has been pairs to 83,6 million euros (+6.6%), the operating profit to 50,7 million euros (+6.7%) and the profit clearly to 46,7 million euros (+10.3%).
In the first half of this year the passengers transported from the ships of the company have been 310 thousand (+2%), cars 88 thousand (+7%), the cargo units 386 thousand (- 1%) and the other goods 581 thousand tons (- 7%).
The president and managing director of Finnlines, Emanuele Grimaldi, have emphasized that in the first semester of the 2019 performance financial institutions of the company they are improved "independently by the fact that the increase of the Finnish economy has recorded in a sure measure a slow down in the course of the first half of the year". Commenting the results achieved from Finnlines, Grimaldi has announced that the company is about to order to the construction of two ulterior ships ro-pax of class "Superstars" that - it has emphasized - "will be the better and more respectful units of the atmosphere of their category and will be able to transport 5,800 linear meters of goods and almost thousand passengers".
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In according to trimester of this year revenues of the company of Finnish navigation Finnlines of the Neapolitan shipowning group Grimaldi, than work mainly services of transport of passengers and rotabili in the Sea of the North and the Baltic Sea, have grown of +2.4% going up to 157,9 million euros regarding 154,3 million in the period April-june of 2018. The EBITDA is piled to 49,4 million euros (+12.0%), the operating profit to 32,6 million euros (+14.2%) and the profit clearly to 30,4 million euros (+18.1%).
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
