Finnlines’ Financial review January–June 2025
Thomas Doepel, President and CEO, in conjunction with the review
“The first six months of the year indicate that the latest fleet development plan implemented in 2024 was correctly designed. While the freight market continues to show no signs of recovery, our ro-ro fleet rationalisation and investments made in passenger traffic are beginning to take effect. This, in combination with reduced debt and falling interest rates, explains the significant improvement in results.
The Finnlines Group’s revenue in January–June 2025 amounted to EUR 351.9 (358.0 in 2024) million. Result for the period amounted to EUR 36.3 (24.2) million.
During the reporting period Finnlines transported 399,000 cargo units, 37,000 cars, and 584,000 tons of non-unitised freight. In total, 439,000 private passengers and professional drivers travelled with us.
Finnlines has been committed to offering economically and environmentally sustainable services for decades. The company has invested massively in enhancing energy efficiency and renewal of its fleet. Over the past two decades, Finnlines has ordered or purchased twenty vessels. The total investment has been nearly two billion euros.
In April 2025, Finnlines announced a new investment programme, which consists of three new methanol-powered ro-pax vessels to enter the route between Finland and Germany in 2028–2029. These investments will play a vital role in meeting our goal of achieving net zero emissions.
Meanwhile, we are continuously developing other means to achieve significant emission reductions. In May 2025, Finnlines launched the new Green Lane sea transportation service, providing customers concrete solutions to support them in reaching their decarbonisation targets. By offering 100% electricity-powered shipments on our Finland–Sweden route and introducing low-carbon transportation with biofuels on several of Finnlines’ services, we can help customers reduce their transport-related environmental footprint by up to 90%.
Finnlines is constantly developing not only its fleet but also its comprehensive route network. In April 2025, the company celebrated the one-year anniversary of its freight and passenger service between Malmö (Sweden) and Świnoujście (Poland). In addition to introducing this important commercial trade route between Sweden and Poland, Finnlines announced in June 2025 that it would expand its North Sea network by adding the Port of Gdynia, Poland, to its weekly rotation. This will offer our customers a cost-effective and practical intermodal alternative to the road transport for goods moving to and from Poland to Belgium, France, the UK and Spain. Additionally, it enables to connect Poland directly to the global Grimaldi Group network, offering links to the Far East, the Middle East, Mediterranean, West Africa, South America and the East Coast of the United States. Finnlines has connected Finland with the fast-growing Polish market for 30 years and now provides direct services from Poland to Sweden and other important European countries as well.”
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Thomas Doepel, President and CEO, Finnlines Plc
[email protected], +358 50 565 4273
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Finnlines Plc
Finnlines is a leading shipping operator of freight and passenger services in the Baltic Sea, the North Sea and the Bay of Biscay. The company is a part of the Grimaldi Group, one of the world’s largest operators of ro-ro vessels and the largest operator of the Motorways of the Sea in Europe for both passengers and freight. This affiliation enables Finnlines to offer liner services to and from several destinations in the Mediterranean, West Africa, Atlantic coast of both North and South America as well as Asia and Australia.