COVID-19 affects Tallink Grupp’s Q1 results
May 07 2020
FinanceTallink Grupp has released its unaudited financial results for Q1 (1 January-31 March), showing a 13.4% or EUR 23.9 million drop of its consolidated revenue to a total of EUR 154.9 million. Unaudited EBITDA was EUR -1.3 million (EUR 3.8 million in Q1 2019) and unaudited net loss increased by 19.6%, totalling EUR 30.2 million (net loss of EUR 25.3 million in Q1 2019).
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