Independent journal on economy and transport policy
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In 2021 Finnlines revenues increased by 19.8% percent
In the fourth quarter, the increase was 27.3% percent
February 24, 2022
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In 2021 the revenues of Finnish shipping company Finnlines of the Italian shipping group Grimaldi amounted to 579.9 million euros, up 19.8% percent on the previous year to even the pre-pandemic year of 2019 percent when they were 574.8 million euros. Gross operating margin and operating profit rose 13.8% percent and 2.6% percent in 2020, respectively, to 160.3 million euros and 78.2 million euros. Net profit was 74.7 million euros (+ 7.1%).
In addition, the volume of traffic handled by the fleet of Finnlines ro-pax vessels, with 572mila passengers carried in 2021 (501mila in 2020), 171mila cars excluding those in the wake of the passengers (154mila), 785mila units, were also found. load (723mila) and 1.4 million tonnes of other goods (1.1 million).
In the only fourth quarter of last year, revenues were 154.0 million euros (+ 27.3% over the same period in 2020), EBITDA to 39.1 million (+ 16.4%), EBIT to 5.7 million (-67.7%) and net profit to 5.7 million (-63.3%). In the October-December period of 2021 the passengers carried were 133mila (111mila), cars not following passengers 47mila (52mila), unitized loads 202mila (187mila) and other 369mila (296mila) goods.
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In 2021 the revenues of Finnish shipping company Finnlines of the Italian shipping group Grimaldi amounted to 579.9 million euros, up 19.8% percent on the previous year to even the pre-pandemic year of 2019 percent when they were 574.8 million euros. Gross operating margin and operating profit rose 13.8% percent and 2.6% percent in 2020, respectively, to 160.3 million euros and 78.2 million euros. Net profit was 74.7 million euros (+ 7.1%). 
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
