FINLANDIA © Frank Lose

Rederiaktiebolaget Eckerö Q2 2024 financial results

FinanceRederiaktiebolaget Eckerö had a turnover EUR 63.3 million (EUR 62.8 million) in the second quarter of 2024. Operating profit was EUR 6.9 million (EUR 11.9 million). Adjusted for the sale of EXPORTER in June 2023, operating profit in the comparative period was EUR 8.1 million. The result for the accounting period was EUR 5.0 million (EUR 6.9 million).

859,172 passengers travelled on the company's ships, which was 3% less than in the same period last year (882,209). A major reason for the lower number of passengers during the second quarter of the year is that the Easter weekend, which is a popular travel time, fell in March 2024 (in 2023 Easter fell in April). The number of freight units was 49,309, which is 11% more than in the same period last year (44,326).

On the Finland-Estonia route, the market share for passengers was 29% (30%) and the market share for freight was 38% (37%). During the second quarter, the market share between Åland and Sweden was estimated at just over four fifths of the journey.

Read full report here in Swedish https://rederiabeckero.ax/wp-content/uploads/2024/08/Interimrapport-30-06-2024.pdf

Aug 23 2024