“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,” says Thomas Doepel, President and CEO, in conjunction with the financial review which was published 30 July.

At the end of June, Finnlines expanded its North Sea network by including the Port of Gdynia, Poland in the weekly rotation. Otherwise, vessels have mainly operated as scheduled considering planned dockings. Looking at Q2 (April-June 2025), the Finnlines Group recorded revenue totalling EUR 186.0 (195.8) million, a decrease of 5%. Cargo volumes remained stable compared to previous year.

The positive trend in passenger business continued strongly also in the second quarter as summer high season started. Shipping and Sea Transport Services generated revenues amounting to EUR 180.2 (188.8) million and Port Operations EUR 10.9 (13.3) million. The internal revenue between the segments was EUR 5.1 (6.3) million. Result before interest, taxes, depreciation and amortisation (EBITDA) was EUR 51.2 (53.6) million, a decrease of 4%.

Full report https://www.finnlines.com/wp-content/uploads/2025/07/financial-review-q2_2025-eng.pdf

© Shippax