Finnish ferry operator Viking Line reported second-quarter sales of €129.3 million ($149.6 million) for the period ended June 30, up from €128.4 million in the same period last year.
Operating income reached €6.8 million, compared with €6.9 million a year earlier, while pre-tax income fell to €0.9 million from €4.8 million.
For the first six months of 2026, sales decreased 0.8 per cent to €214 million from €215.8 million in the corresponding period of 2025. The pre-tax loss widened to €18.6 million from €17.2 million, reflecting weaker earnings from associated companies and higher energy costs.
Passenger volumes on the group's wholly owned vessels fell to 1,980,954 during the first half from 2,003,861 a year earlier. Despite the decline, Viking Line's estimated total market share in its traffic area increased to 31.8 per cent from 31.6 per cent.
President and Chief Executive Officer Marcus Risberg said second-quarter operations remained resilient despite higher energy prices and cautious consumer spending. He added that the impact of higher energy costs was partly mitigated through partial hedging of bunker consumption and controls on operating expenses.
“Efforts to improve profitability continue, and our assessment is that the business has further development potential,” Risberg said regarding the performance of joint ventures.
Viking Line invested €11 million during the first half of the year, with the largest portion allocated to docking work on Viking Grace. The board expects higher energy prices and weaker performance from associated companies to result in lower pre-tax income for 2026 compared with 2025.
The company has not issued a full-year forecast, citing continued uncertainty over costs, energy prices and market conditions.
