Competition On Finland – Sweden Is Tough (Part 1

In its Q1 Interim Report, Tallink Grupp AS obviously experiences the same though competition as Viking Line, especially on the routes between Finland and Sweden. The competition has an influence on the ticket price.
The total number of passengers has declined 0,5%, only due to the decrease on Finland – Sweden (-9.9%). This route is also having lower figures for cargo (-15.6%) and cars (-16.3%). All other routes are seeing increases.

  • Revenue €184.2 million (€191.5 million) -3.9%
  • Gross profit €13.7 million (€14.09 million) -7.8%
  • EBITDA €4.2 million (€5.3 million) -20.3%