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flag Estonian ferry company Tallink Grupp reports a 5.9% revenue drop and 47.3% fall in net profit in 2024.

flag Estonian ferry company Tallink Grupp reported a tough 2024, with a 5.9% drop in revenue to €785.8 million and a 47.3% fall in net profit to €40.3 million. flag Passenger numbers fell 2.2% to 5.58 million, and cargo units dropped 6.4% to 303,234. flag The company cited economic challenges and geopolitical tensions as factors. flag Despite the declines, Tallink Grupp extended charter agreements for some vessels, sold one, and maintained focus on cost efficiency.

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