AS Tallink Grupp published its Unaudited Consolidated Interim Report Q3 2018
In the third quarter (1 July – 30 September) of the 2018 financial year Tallink Grupp AS and its subsidiaries (the Group) carried 2.9 million passengers, which is 1.2% more than in the third quarter last year. The Group’s unaudited revenue for the third quarter increased by 0.3% to a total of EUR 283.6 million. Unaudited EBITDA for the third quarter was EUR 71.1 million (EUR 75.4 million in Q3 2017) and unaudited net profit was EUR 46.1 million (net profit of EUR 47.8 million in Q3 2017).
In the third quarter, the revenue from route operations increased in almost all geographical segments (Estonia-Finland, Estonia-Sweden and Latvia-Sweden), total by EUR 4.2 million.
The number of passengers travelling on the Group’s ships on the Estonia-Finland route’s increased by 1.2% or more than 18 thousand to a total of 1 503 thousand passengers. The segment revenue increased by 4.1% to EUR 100.8 million in third quarter. The Estonia-Finland segment result increased by 8.8% and was EUR 31.3 million.
In the third quarter of 2018, the Group’s gross profit decreased by EUR 3.5 million compared to the same period last year, amounting to EUR 78.5 million. Third-quarter EBITDA decreased by EUR 4.3 million to EUR 71.1 million.
In the first 9 months (1 January – 30 September) of the 2018 financial year the Group carried 7.5 million passengers which is almost 70 thousand passengers more compared to the same period last year. The Group’s unaudited revenue for the period decreased by 1.5% and was EUR 723.2 million. Unaudited EBITDA for the first 9 months was EUR 118.8 million (EUR 129.5 million, 9M 2017) and unaudited net profit was EUR 41.8 million (EUR 45.4 million, 9M 2017 net profit).
