• 2017 November 10 10:47

  Tallink Group’s unaudited third-quarter revenue grew by 3.3% to EUR 282.7 million

  

  In the third quarter (1 July – 30 September) of 2017, Tallink Grupp AS and its subsidiaries (the Group) carried 2.9 million passengers, 2% more than in the third quarter of 2016. The Group says its 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 result were impacted by following operational factors: after the rerouting of ships in December 2016, carriage capacity increased on a number of operated routes;  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 last year; increased competition on Tallinn – Helsinki route.

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