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Finnlines on the up
Finnlines turned in a profit Tuesday that represents its best quarterly result in eight years.
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Found an interesting story?
Finnlines on the up
Finnlines turned in a profit Tuesday that represents its best quarterly result in eight years.
The Helsinki-quoted ro-pax operator reported a gain of EUR 14.7m for the three months to 30 June, against a gain of EUR 0.9m in the comparable period a year prior.
In a statement chief executive Emanuele Grimaldi said the result serves as a testament to improved vessel optimization, routes and trade flows in addition to the success of efforts to reduce interest-bearing debt and costs.
“Finnlines is fighting successfully against the cycle, but we have to analyse every line, every vessel, every
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