Routes & Operators
Tallink Grupp third-quarter profit rises to EUR 43.8 million
Tallink Grupp's unaudited net profit for the third quarter of 2026 was EUR 43.8 million, against EUR 40.8 million a year earlier, and revenue was EUR 246.7 million. Fuel costs rose by EUR 9.2 million, or 45.5%. The EU ETS cost rose 64.3% to EUR 5.9 million.
Source: Tallink Grupp (opens in a new tab)
AS Tallink Grupp published its unaudited consolidated interim report for the third quarter of 2026 on 22 October 2026. Unaudited net profit was EUR 43.8 million, or EUR 0.059 per share, against EUR 40.8 million, or EUR 0.055 per share, a year earlier. Revenue increased by EUR 13.6 million to EUR 246.7 million (EUR 233.1 million). EBITDA was EUR 67.9 million (EUR 68.9 million).
The group said ongoing geopolitical tensions contributed to volatility in energy markets and increased fuel costs by EUR 9.2 million, or 45.5%, year-on-year. The cost of the EU ETS increased by 64.3% to EUR 5.9 million (EUR 3.6 million in the third quarter of 2025). The share of emissions to be surrendered under the EU ETS increased to 100% of the emitted CO2 equivalent in 2026 (70% in 2025).
The group carried 1,816,174 passengers in the quarter, a 2.8% increase. Cargo units increased by 7.8% to 64,980, and passenger vehicles decreased by 1.1% to 249,100.
In September 2026 the group amended and restated its EUR 298 million syndicated loan agreement signed in December 2023. The maturity of the loan was extended by two years until 21 December 2030, with options for two additional one-year extensions. The outstanding balance at the time of the amendment was EUR 169.4 million.
For January–September, unaudited revenue was EUR 603.0 million (EUR 577.3 million) and unaudited net profit was EUR 19.4 million (EUR 5.1 million).