Finnlines's result for the first nine months of this year
The company made an operating profit of euros42.6m on revenue of euros473.5m compared to figures for the same period last year of euros22.8m and euros420.6m respectively. Net profit to parent company shareholders was euros45.3m compared to euros15.8m in the same period last year. The figures for both years do not include Team Lines which was sold in August. Team Lines made an operating profit of euros0.6m for the eight months and a profit million, and Finnlines made a profit on the sale of Team Lines of euros184m.
This 9 months´ result does not include any compensation due to the delay of the delivery of the newbuildings being constructed by Fincantieri. Finnlines says negotiations on the issue are still continuing. The first two of its five newbuildings were delivered in August and are plying the route between Finland and Germany together with three Hansa vessels. The next two newbuildings are expected to be delivered during the first quarter of 2007 and the last one in June 2007.
