Finnlines posts results for January–September 2018
Emanuele Grimaldi, President and CEO, in conjunction with the review: ”The Finnlines Group’s result for the reporting period increased by EUR 7.3 million to EUR 75.3 million. Earning before interest, taxes, depreciation and amortization, EBITDA, came to EUR 129.0 million against EUR 120.4 million last year. Revenue increased EUR 43.4 million to EUR 447.9 million.”
Finnlines is a leading shipping operator of ro-ro and passenger services in the Baltic Sea, the North Sea and the Bay of Biscay. The Company is a part of the Grimaldi Group, one of the world’s largest operators of ro-ro vessels and the largest operator of the Motorways of the Sea in Europe for both passengers and freight. This affiliation enables Finnlines to offer liner services to and from any destination in the Mediterranean, West Africa as well as the Atlantic coast of both North and South America.