At the end of the third quarter (30 September), the company's total liquidity buffer (cash, cash equivalents and unused credit facilities) amounted to EUR 107.6 million (EUR 199 million at 30 September 2023).

The group's investments in the third quarter of 2024 amounted to EUR 5.6 million (EUR 6.1 million in Q3 2023). During the third quarter, the company also paid back loans in the amount of EUR 27 million and made dividend payments in the amount of EUR 44.6 million.

In the first 9 months (1 January – 30 September) the Group's unaudited revenue decreased by 6.1% compared to the same period in 2023 and amounted to EUR 602.3 million (EUR 641.6 million in the first 9 months of 2023). Unaudited EBITDA for the first 9 months also decreased year-on-year and amounted to EUR 149.5 million (EUR 177.7 million in 2023) and the unaudited net profit for the first 9 months was EUR 45.5 million (EUR 76.7 million profit in 2023 first 9 months).

Tallink Grupp carried a total of 1,715,496 passengers, which is 3.4% less than in the third quarter of 2023 (1,775,821 in Q3 2023). The company operated a total of 1 840 trips during the third quarter this year, which is 131 trips more than during the same quarter in 2023 (1,709 trips in Q3 2023).

Commenting on the financial results of the third quarter and the first nine months of 2024, Tallink Grupp's CEO Paavo Nõgene said:

"Considering the circumstances and the market conditions, our third quarter results turned out quite strong. When we take into account the fact that two of our vessels were and remain suspended looking for new work at the moment, the economic environment around us was and is extremely fragile and consumer confidence low, then I feel that we have certainly delivered a confidence-injecting result for the quarter. Tallink Grupp remains a slim-fit organisation and these results demonstrate that we firmly intend to become a dividend-paying company once again after the many crisis years. The fourth and final quarter of this year is already in full swing and, unless some significant unexpected events take place during the quarter, we should be able to fulfil our regular dividend-payment promise in 2025."

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