Estonian ferry operator Tallink Grupp reported a net profit of €43.8 million (US$49.2 million) for the third quarter of 2026, an increase of 7.4 per cent from €40.8 million (US$45.8 million) a year earlier.
Revenue for the July–September period rose 5.8 per cent to €246.7 million (US$277.2 million). Passenger numbers increased 2.8 per cent to 1,816,174, while cargo units grew 7.8 per cent to 64,980.
On the Finland–Sweden routes, cargo units rose 20.5 per cent to 9,510 and passengers increased 5.3 per cent to 458,650. Segment revenue climbed €5.8 million (US$6.5 million) to €78.8 million (US$88.5 million); the segment result fell by €1 million (US$1.1 million) to €11.2 million (US$12.6 million).
The routes were served by Silja Serenade and Silja Symphony between Helsinki and Stockholm, and Baltic Princess between Turku and Stockholm. Finland–Sweden freight growth had reached 43 per cent year on year in May.
Group fuel costs rose €9.2 million (US$10 million), or 45.5 per cent, which the company attributed to geopolitical tensions, particularly in the Middle East. European Union Emissions Trading System costs increased 64.3 per cent to €5.9 million (US$6.6 million), as the share of emissions subject to surrender obligations rose to 100 per cent from 70 per cent in 2025.
Gross operating profit slipped to €67.9 million (US$76.3 million) from €68.9 million (US$77.4 million). Depreciation and amortisation fell €4.2 million (US$4.7 million), mainly reflecting the adjustment of cruise and passenger vessels’ useful lives to 45 years and the August 2025 sale of cargo ship Regal Star.
"The third quarter is the most important period of the year for us, and this summer confirmed that the demand for our services remains strong," said Chairman of the Management Board Peep Jalakas.
Estonia–Finland cargo units rose 15.9 per cent. Estonia–Sweden cargo fell 50.1 per cent following the closure of the Paldiski–Kapellskär service after Superfast IX, now St Patrick, was chartered out for 36 months from May 1.
Romantika operated additional Tallinn–Stockholm departures before being chartered for accommodation at the Mediterranean Games in Italy. The ferry was in lay-up at quarter-end.
Net debt stood at €398.6 million (US$447.9 million) at September 30, with net debt to trailing 12-month gross operating profit easing to 3.0.
