Q3 2023 in numbers
Finnlines’ key financial figures January-September 2023
The Finnlines Group’s revenue in January–September 2023 amounted to EUR 513.2 (558.4 in 2022) million, a decrease of 8 per cent compared to the corresponding period in 2022. The result for the reporting period was EUR 56.9 (105.2) million. Earnings before interest, taxes, depreciation and amortisation, EBITDA, amounted to EUR 131.7 (169.2) million.
|EUR million||1-9 2023||1-9 2022||1-12 2022|
|Result before interest, taxes, depreciation and amortisation (EBITDA)||131.7||169.2||221.2|
|Result before interest and taxes (EBIT)||63.6||106.2||136.0|
|Result for reporting period||56.9||105.2||133.3|
|Equity ratio, %||57.3||59.8||60.3|
|Interest-bearing debt, MEUR||457.1||404.7||395.7|
|Net gearing, %||55.6||47.4||44.5|
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.