Independent journal on economy and transport policy
12:18 GMT+1
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Finnlines has closed the third trimester with a profit clearly of 35,1 million euros (+6.6%)
The revenues are diminished of -2,2%
November 6, 2019
In the third trimester of this year the revenues of the company of Finnish navigation Finnlines of the Neapolitan shipowning group Grimaldi are piled to 155,3 million euros, with a decrease of the -2,2% on the same period of 2018. The operating costs have recorded a determined emphasized decrease more from the reduction of million acquired euros of the service and seven voice of materials having attested itself to 118,7 million euros (- 4.0%). The EBITDA has turned out pairs to 53,3 million euros (+5.3%), the EBIT to 37,2 million euros (+5.6%) and the profit clearly to 35,1 million euros (+6.6%).
In the period July-september of the 2019 ships of Finnlines they have transported about 185 thousand cargo unit (- 1%), 39 thousand excluded car those to the continuation of passengers (+22%), 272 thousand tons of other cargos (- fleeting 12%) and 234 thousand (+4%).
In the first nine months of this year the revenues have been pairs to 589,4 million euros, in increase of +9.9% on the correspondent period of 2018. The EBITDA is piled to 166,3 million euros (+9.1%), the EBIT to 104,8 million euros (+11.5%) and the profit clearly to 95,0 million euros (+14.8%). In the period the fleet has transported 754 thousand cargo unit (+6%), 163 thousand car (+11%), 1,2 million tons of other goods (- 4%) and 655 thousand fleeting (+6%).
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In the third trimester of this year the revenues of the company of Finnish navigation Finnlines of the Neapolitan shipowning group Grimaldi are piled to 155,3 million euros, with a decrease of the -2,2% on the same period of 2018. The operating costs have recorded a determined emphasized decrease more from the reduction of million acquired euros of the service and seven voice of materials having attested itself to 118,7 million euros (- 4.0%). The EBITDA has turned out pairs to 53,3 million euros (+5.3%), the EBIT to 37,2 million euros (+5.6%) and the profit clearly to 35,1 million euros (+6.6%).
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
