In Q4 2025, Eimskip faced challenges with revenue totaling EUR 201.4 million, a decrease of 11.4% from Q4 2024. Volume in Liner decreased by 6.1%, impacted by lower industrial cargo exports from Iceland. Operating expenses were EUR 188.6 million, down by 5.7%, leading to an EBITDA of EUR 12.7 million, a 53% decrease from the previous year.
Throughout 2025, Eimskip’s revenue was EUR 807.5 million, a 4.7% decrease from 2024. The company faced disappointing financial results with EBITDA at EUR 69.7 million, down from EUR 97.8 million in 2024. The leverage ratio increased to 3.17 at year-end compared to 2.28 in 2024.
Eimskip’s CEO, Vilhelm Thorsteinsson, highlighted the challenges faced in Q4 2025 due to rising costs and declining unit prices. Exports from Iceland and the Faroe Islands declined, impacting overall performance. Despite challenges, international forwarding delivered acceptable results, supported by a flexible response to global supply chain shifts.
Eimskip implemented cost-saving measures in autumn, including fleet reductions and workforce efficiency, to strengthen operations. A new company strategy, Eimskip 3.0, was developed with employee input. The company remains committed to providing reliable transportation and logistics solutions for customer success in a sustainable manner.
Investors are invited to a meeting on January 29, 2026, where Eimskip’s CEO and CFO will present the results. The meeting will be held at the company’s headquarters in Iceland and will also be webcasted live. Further information is available on the company’s investor relations website.
Read more at GlobeNewswire: Correction: Eimskip: Management Financial Report
