Baltic ro-ro group Finnlines has increased earnings in the second quarter despite a dip in revenue.

The Grimaldi-owned company said net earnings were EUR 22.2m ($24.63m) to 30 June, against EUR 15.8m in 2015, as cost-saving measures improved margins.

Revenue was down to EUR 125.6m, from EUR 135.2m.

But cargo volumes in the first six months were higher at 321,000 units, up from 313,000.

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