The gross profit was EUR 88.6 million (EUR 86.0 million). Operating costs decreased by 0.6% to EUR 77.9 million (EUR 78.4 million).

The 2025 full-year turnover increased by 0.2% to EUR 480.9 million during 1 January–31 December 2025 (EUR 480.2 million in 2024).

Operating profit was EUR 21.1 million (EUR 26.7 million). Profit before tax was EUR 18.9 million (EUR 19.8 million).

The number of passengers on Viking Line’s wholly owned vessels during the period was 4,608,573 (4,646,676), a marginal decrease from the previous year. The Group’s total market share in the traffic area was 32.1% (32.8%).

In cruise operations, the number of passengers on BIRKA GOTLAND was 570,513 (438,743 for the comparison period 20 March–31 December 2024), reflecting the extended period of service and good capacity utilisation. Development varied between traffic areas. In Viking Line’s traffic Finland–Åland–Sweden, passenger volumes increased, driven by good growth on the Helsinki–Stockholm line.

In the Finland–Estonia traffic, volumes were largely unchanged compared to last year. Dockings and route changes during the period affect comparability between years. Demand for cruises on the main markets was fluctuating, while Viking Line note increased travel from international markets. The company’s market share in the Finland–Sweden traffic was 59.8% (59.8%).

In the Finland–Estonia traffic, the market share fell to 24.3% (24.5%), mainly due to VIKING XPRS being docked at the start of the year. Viking Line’s freight volumes continued to develop positively for the fourth consecutive year. In 2025, the number of transported freight units was 139,484 (134,219), a new historical record.

The ferry operators freight market share was estimated at 19.4% (17.8%). The result is particularly noteworthy considering that Finland, Viking Line’s main market, only slowly recovered from recession and the national economy was near zero growth during the year.

External factors, such as the ongoing effects of the war in Ukraine and the downturn in the construction sector, continued to negatively impact freight volumes. The outlook for the financial year 2026 assesses that profit before tax for 2026 will be on par with or slightly better than 2025.

At the same time, significant uncertainty remains due to the prolonged economic downturn in the company´s area of operation, which continues to negatively affect customer spending patterns. The geopolitical situation also contributes to uncertainty, primarily through its potential impact on energy prices and emission allowances. Collectively, these factors make it difficult to assess the development of the passenger-related market, with limited forecasting certainty.

© Shippax