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AS Tallink Grupp Consolidated Interim Report Q3 2017

November 11, 2017 by the News Team

445x205_tallinnport_tallinkshipsIn the third quarter (1 July – 30 September) of 2017, Tallink Grupp AS and its subsidiaries carried 2.9 million passengers, 2% more than in the third quarter of 2016. The Group’s unaudited third-quarter revenue grew by 3.3% to EUR 282.7 million (EUR 273.6 million, Q3 2016).

Unaudited EBITDA for the third quarter improved by 12.3% to EUR 75.4 million (EUR 67.1 million, Q3 2016) and unaudited net profit increased by 11.7% to EUR 47.8 million (EUR 42.8 million, Q3 2016).

In the third quarter, the Group’s revenue and operating results were impacted by the following operational factors:

  • capacity increased on a number of services after the rerouting of ships in December 2016
  • in the third quarter of 2017, during June and August, one cruise ferry operated the Tallinn – Helsinki route in contrast to two cruise ferries in the previous year
  • increased competition on Tallinn – Helsinki route

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Filed Under: News Tagged With: Cruise Ferry, Helsinki, passengers, Tallink, Tallink Sija, Tallinn

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