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2011 March 4   14:16

Finnlines posts 13.5% revenue gain, to € 561.1m

The Finnlines Group announced its revenue totaling EUR 561.1 million, an increase of 13.5% from a year earlier, the Group press release said.

In the period from January through December 30, 2010 Shipping and Sea Transport Services generated revenue amounting to EUR 513.7 million and Port Operations - EUR 72.3 million (73.2). The internal revenue between the segments was EUR 24.9 million (23.7). The Port Operations segment was affected by the stevedores’ two-week strike in spring, the company said.

In October - December, 2010 The Finnlines Group recorded revenue totaling EUR 139.3 million (122.1), an increase of 14.0% compared to the same period in 2009. Shipping and Sea Transport Services generated revenue amounting to EUR 127.9 million (111.3) and Port Operations EUR 18.4 million (16.8). The internal revenue between the segments was EUR 7.0 million (5.9).

Finnlines is a leading shipping operator of Ro-Ro and passenger services in the Baltic Sea and the North Sea.

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