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Finnlines’ H1 and Q2 results affected by the Corona pandemic

Online Member Access Jul 30 2020

FinanceFinnlines has published its H1 and Q2 results. Unsurprisingly, these have been impacted by COVID-19, especially so in Q2. For the January-June period, revenue dropped by 20% from EUR 295.5 million during H1 2019 to EUR 236.4 million for H1 2020. During Q1, revenue decreased only marginally, but in Q2 (April-June) there was a 33% decline from EUR 157.9 million in 2019 to EUR 105.7 million, explaining the 20% drop for H1.

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