Finnlines’ Financial Review January–June 2026: “Resilience in a volatile environment”
The first half of 2026 was marked by rising energy costs, geopolitical uncertainty and increasingly stringent environmental regulations. Our energy-efficient fleet, versatile use of a diverse range of energy sources and continuous optimisation of our operations strengthened our resilience and supported our solid financial performance.
Thomas Doepel, President and CEO, in conjunction with the review
“The first six months of the year have been defined by structural volatility across the shipping industry. The major conflict in the Middle East, including the US and Israeli attack on Iran on 28 February 2026 and the subsequent closure of the Strait of Hormuz, significantly increased energy costs and caused volatility in energy markets. The global energy crisis has not been the only cost trigger for intra-European trade. As of this year, the EU ETS (Emissions Trading System) requires vessels to cover 100 per cent of their emissions, increasing environmental surcharges.
Thanks to our long-term strategy of continuously investing in new and more energy-efficient vessels, we are less exposed to escalating energy costs. In the current volatile energy environment, our ability to utilise a wide range of energy sources, together with pass-through energy surcharge mechanisms, provides much-needed resilience. Combined with our continuous optimisation of services, capacity and route network, this has helped ensure a satisfactory result.
From a financial perspective, the second quarter of 2026 turned out well for Finnlines. The Finnlines Group’s revenue in January–June 2026 amounted to EUR 412.4 (351.9 in 2025) million, and the company’s financial position remained strong.
Result before interest and taxes (EBIT) was EUR 55.8 (39.9) million. Finnlines Group’s earnings before taxes (EBT) improved compared with the previous year, amounting to EUR 51.2 (33.8) million.
Cargo volumes transported during January–June 2026 totalled approximately 409,000 cargo units, 42,000 cars (excluding passengers’ cars) and 595,000 tons of non-unitised freight. In addition, 431,000 private passengers and professional drivers travelled with us.
In a world of increasing geopolitical uncertainty, our responsibility extends beyond business performance. As a provider of critical maritime logistics infrastructure, we have a duty to ensure the continuity, security, and reliability of the transport flows that our customers and society rely on every day. While the world around us continues to evolve, our commitment remains constant: to safeguard the essential services entrusted to us and to support the resilience of the communities we serve.
I would like to thank all our employees, customers and stakeholders who are building a sustainable future for maritime transport and passenger travel together with us.”
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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 coasts of both North and South America as well as Asia and Australia.