Independent journal on economy and transport policy
14:45 GMT+1
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Finnlines ended 2019 with a net profit of 98.3 million euros, or 3.4%
Worsening results in the fourth quarter
February 26, 2020
Last year, Finnlines ships carried 378,000 166,000 non-passenger cars (up 2%), 1.11 million tonnes of other loads (-9%) and 665 thousand passengers (up 2%).
In the last quarter of 2019 alone, financial results worsened with revenues of 124.0 million, down -12.4% on the same period of the year EBITDA totalled 33.0 million euros (-11.5%), operating profit of 16.8 million euros (-23.5%) net income of 16.5 EUR 16.6%. During the period, the fleet carried 167 thousand units of cargo (-7%), 39,000 cars not in the wake of passengers (-20%), 260 thousand tonnes of other cargo (-11%) And 121,000 passengers (-3%).
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Last year, Finnlines ships carried 378,000 166,000 non-passenger cars (up 2%), 1.11 million tonnes of other loads (-9%) and 665 thousand passengers (up 2%).
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
