For the period January–September 2025, sales reached EUR 368.3 million (EUR 370.6 million), with operating income of EUR 17.5 million (EUR 25.2 million) and income before taxes of EUR 14.4 million (EUR 16.1 million). Investments totalled EUR 15.4 million, mainly in GABRIELLA and VIKING XPRS.

CEO Jan Hanses described the third quarter as “stronger than the corresponding period last year,” noting that improved weather later in the summer boosted travel demand and onboard sales. He added that “the strained economic situation continues to result in cautious consumer behaviour,” but expressed confidence that the full-year result will be in line with 2024.

Passenger numbers on Viking Line’s wholly owned vessels totalled 3.58 million (3.64 million), giving the company a 32.2% market share. Freight volumes rose to 104,666 units, increasing the company’s share of the cargo market to 19.7%. Viking Line also highlighted the positive reception of its fossil-free crossings and continued high customer satisfaction scores.

The company continues to face headwinds from higher fairway dues and emission trading costs, now covering 70% of the full ETS level. However, improved financial items and cost control have supported resilience.

Hanses, who is stepping down as CEO after 37 years with Viking Line, will hand over leadership to Marcus Risberg on 3 November 2025, remaining on the company’s board.

The Board maintains its outlook that pre-tax profits for 2025 will be on par with 2024, despite economic and geopolitical uncertainties affecting energy prices and consumer spending.

Full report Viking Line: Business Review Q3 2025

© Shippax