Finnlines presents best result in eight years

The first half of 2014 represented Finnlines best period in eight years, says the company in its latest interim report. And according to the CEO the Baltic Sea carrier is well prepared for the new sulphur regulations next year.

Photo: Finnlines

RoRo and passenger carrier Finnlines finished the 2nd quarter 2014 with a EUR 14.7 million profit, according to the company's new interim report, and this represents the carrier's best quarter in eight years, and the same thing applies to the first half of the year as the carrier improved its result by EUR 25 million compared to the same period 2013.

Finnlines, which operates services in the Baltic Sea and the North Sea, and which is controlled by Italian Grimaldi Group, has been through a major cleanup period following several years with failing results. According to CEO Emanuele Grimaldi, who has appointed himself to lead the company and who previously served as the carrier's Chairman, Finnlines has optimized routes and ships, reduced its debt and divested ships.

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