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27 July 2021 The on-line newspaper devoted to the world of transports 10:32 GMT+2

July 30, 2020

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Grimaldi (Finnlines): Operationally the second quarter is extremely challenging state

Revenues decreased by -33.0%

In the second quarter of this year, the shipping company Finnlines of the Neapolitan shipping group Grimaldi recorded a significant decline in operating and operating results impact on pandemic activity Covid-19. The chairman and CEO of Finnlines, Emanuele Grimaldi, confirmed that "operationally the quarter was extremely challenging. The impact greater -- he explained -- was on passenger traffic that stopped almost completely. Finnlines, as any other shipping operator also suffers from the slowdown in world trade caused by the global pandemic.'

In the second quarter of 2020, Finnlines' revenues 105.8 million euros, down -33.0% on the same last year. EBITDA was 28.2 million (-42.9%), operating profit of 12.2 million euros (-62.7%) net profit of 11.0 million euros (-64.0%).

In the April-June period of this year Finnlines ships carried 171,000 cargo units (198 thousand in the 19,000 cars not in the wake of the 2019 passengers (45,000), 275 thousand tons of unmerged cargo 106 thousand passengers (188 thousand).

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