2022 in numbers
Finnlines’ key financial figures January-December 2022
Highlights
The Finnlines Group’s revenue in January–December 2022 amounted to EUR 736.1 million, an increase of 27 per cent compared to the corresponding period in 2021. The result for the reporting period was EUR 133.3 (74.7 in 2021) million. Earnings before interest, taxes, depreciation and amortisation, EBITDA, amounted to EUR 221.2 (160.3 in 2021) million.
Global economy and Finnish economy has been hit by the war in Ukraine, accelerating inflation, higher interest rates and soaring energy costs. Considering the economic instability, freight volumes were fairly good during the year of 2022. Finnlines transported 750,000 cargo units, shipped 138,000 cars and carried 648,000 private and commercial passengers.
Key operational figures
| EUR million | 2022 | 2021 |
|---|---|---|
| Revenue | 736.1 | 579.9 |
| Result before interest, taxes, depreciation and amortisation (EBITDA) | 221.2 | 160.3 |
| Result before interest and taxes (EBIT) | 136.0 | 78.2 |
| Result for reporting period | 133.3 | 74.7 |
| Equity ratio, % | 60.3 | 60.4 |
| Interest-bearing debt, MEUR | 395.7 | 350.4 |
| Net gearing, % | 44.5 | 45.6 |
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More than 170 weekly departures
Finnlines’ services play a vital role in ensuring a smooth supply of goods to Finland and from Finland to Sweden, Continental Europe, Great Britain and Ireland.