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Finnlines delivers historically strong result

The recent years of restructuring at the biggest RoRo carrier in the Baltic seem to be paying off. The second quarter 2016 was the best quarter in the history of the carrier.

Photo: Finnlines

Finnlines, which is controlled by Italy's Grimaldi Group and constitutes the largest RoRo carrier in the Baltic, increased earnings significantly in the first half of 2016, according to the interim report from the listed carrier. The second quarter in particular was positive and became the best in the history of the carrier.

For the full half-year, Finnlines booked an operating result (EBITDA) of EUR 64.7 million, which is 25.6 percent more than in the same period last year. The net result in the period of EUR 30.5 million corresponds to a growth of 85.9 percent compared to the first half of 2015.

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