Correction notice issued for AS Tallink Grupp’s Key Figures from October 23, 2025. Q3 results show 1,766,335 passengers carried, a 3% increase from 2024. Cargo units transported decreased by 9.8%. Revenue reached EUR 233.1 million, with EBITDA at EUR 68.9 million and net profit at EUR 40.8 million for the period.
Operational factors impacting Q3 results include low confidence levels, economic challenges, and geopolitical tensions. The Group operated 12 vessels, sold a cargo vessel, and operated 3 hotels. Cash balance was affected by dividends paid and net debt was EUR 432.7 million at the end of Q3 2025.
Revenue increased to EUR 233.1 million in Q3 2025, with route operations revenue at EUR 194.9 million. Passenger numbers on Estonia-Finland route increased by 10.1%, while cargo units decreased by 8.2%. Revenue from the route increased to EUR 95.4 million.
Revenue from Finland-Sweden routes increased to EUR 73.0 million, while Estonia-Sweden routes saw a decrease to EUR 26.5 million. Other segment revenue remained steady at EUR 40.1 million. The Group had 3 vessels on charter by the end of Q3 2025.
Gross profit remained steady at EUR 67.2 million, with EBITDA at EUR 68.9 million. Amortization and depreciation expense decreased. Net finance costs declined to EUR 4.9 million. Net profit for Q3 was EUR 40.8 million or EUR 0.055 per share.
Investments in Q3 2025 totaled EUR 5.5 million, focusing on vessel maintenance and IT system improvements. The Group’s net debt at the end of Q3 was EUR 432.7 million, with a net debt to EBITDA ratio of 3.4. Cash and cash equivalents stood at EUR 31.9 million with EUR 100.0 million in unused credit lines.
An annual dividend of EUR 0.06 per share was adopted in 2025, with EUR 22.3 million already paid out. The second installment of EUR 0.03 per share, totaling EUR 22.3 million, will be paid on November 25, 2025. Key Figures for Q3 2025 show revenue, EBITDA, net profit, and other financial metrics for the period.
Read more at GlobeNewswire: AS Tallink Grupp Unaudited Consolidated Interim