Estonia's Tallink Q1 revenue rises on passenger and cargo growth

Tallink Grupp AS

23/04/2026 07:08

Overview

Estonia ferry and cruise operator's Q1 revenue rose 9% yr/yr

Q1 EBITDA turned positive, net loss narrowed compared to prior year

Company plans to propose EUR 0.06 per share dividend for 2026

Outlook

Company did not provide specific financial guidance for the current or future periods in its press release

Result Drivers

PASSENGER AND CARGO GROWTH - Higher passenger numbers (+6.8% yr/yr) and cargo units (+13.4% yr/yr) boosted revenue

WEAK DEMAND AND HIGHER COSTS - Ongoing economic challenges, weak demand, higher fuel and emission costs weighed on results

VESSEL MAINTENANCE - Scheduled maintenance reduced available capacity, affecting passenger and cargo levels

Company press release: ID:nGNE9Ydt0S

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
EUR 149.40 mln
Q1 Net Income
-EUR 22 mln
Q1 EBIT
-EUR 17.20 mln
Q1 EBITDA
EUR 2.10 mln
Q1 Gross Profit
EUR 6.10 mln


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)