Finnlines H1 profit rises to €36.3m despite lower revenue

Finnish ferry operator Finnlines has reported a result for the period of €36.3 million for the first six months of 2025, a significant improvement from the €24.2 million recorded in the same period last year. The company's revenue for January to June 2025 amounted to €351.9 million, a slight decrease from €358 million in the first half of 2024.

Thomas Doepel, President and CEO of Finnlines, stated that the improved result comes despite a freight market that continues to show no signs of recovery. He attributed the positive development to the company's Ro-Ro fleet rationalisation, investments in passenger traffic, reduced debt, and falling interest rates.

During the reporting period, Finnlines transported 399,000 cargo units, 37,000 cars, and 584,000 tonnes of non-unitised freight. A total of 439,000 passengers and professional drivers also travelled with the company.

Finnlines said it is continuing to invest in fleet renewal. In April, the company announced a new program for three new methanol-powered Ro-Pax vessels, which are scheduled to enter service on the route between Finland and Germany in 2028 and 2029. The company also announced in June that it would expand its North Sea network by adding the Port of Gdynia, Poland, to its weekly rotation.