2023 in numbers
Finnlines’ key financial figures January-December 2023
Highlights 2023
The Finnlines Group’s revenue in January–December 2023 amounted to EUR 680.7 (736.1 in 2022) million, a decrease of 8 per cent compared to the corresponding period in 2022. The result for the reporting period was EUR 60.3 (133.3) million. Earnings before interest, taxes, depreciation and amortisation, EBITDA, amounted to EUR 166.3 (221.2) million.
Finnlines transports a third of the 1 million trucks carrying goods between Finland, Sweden, and Continental Europe every year. In 2023, Finnlines transported 710,000 cargo units, shipped 157,000 cars, and carried 1,344,000 tons of non-unitised freight. In total, 695,000 passengers travelled with us.
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Revenue by function 2023
Key operational figures 2023
| EUR million | 2023 | 2022 |
|---|---|---|
| Revenue | 680.7 | 736.1 |
| Result before interest, taxes, depreciation and amortisation (EBITDA) | 166.3 | 221.2 |
| Result before interest and taxes (EBIT) | 74.1 | 136.0 |
| Result for reporting period | 60.3 | 133.3 |
| Equity ratio, % | 54.9 | 60.3 |
| Interest-bearing debt, MEUR | 511.2 | 395.7 |
| Net gearing, % | 62.7 | 44.5 |
More than 170 weekly departures
Finnlines’ services play a vital role in ensuring a smooth supply of goods to Finland and from Finland to Sweden, Continental Europe, Great Britain and Ireland.