AS Tallink Grupp Audited Annual Report for the Financial Year 2024

On 16 April 2025 the Supervisory Board of AS Tallink Grupp approved the audited annual report for 2024 and will submit it to the General Meeting of Shareholders for approval. Compared to the unaudited interim report published on February 20 there are no differences in the audited annual report in terms of the financial results.The audited annual report of AS Tallink Grupp for the financial year 2024 in ESEF format together with the independent auditor's report is attached to this release...

Tallinn, 16/04/2025 (informazione.news - comunicati stampa - turismo)

On 16 April 2025 the Supervisory Board of AS Tallink Grupp approved the audited annual report for 2024 and will submit it to the General Meeting of Shareholders for approval.

Compared to the unaudited interim report published on February 20 there are no differences in the audited annual report in terms of the financial results.

The audited annual report of AS Tallink Grupp for the financial year 2024 in ESEF format together with the independent auditor's report is attached to this release and will be made available on the website of AS Tallink Grupp at https://company.tallink.com/for-investors/reports-and-financial-key-figures.

In the financial year 2024 (1 January – 31 December), AS Tallink Grupp and its subsidiaries (the Group) carried 5.6 million passengers, which is down 2.2% compared to the financial year 2023. The number of cargo units transported decreased by 6.4% compared to the previous financial year and the number of passenger cars transported decreased by 7.5%, year-on-year.

The Group's audited consolidated revenue amounted to EUR 785.8 million (EUR 835.3 million in the financial year 2023), down 5.9% year-on-year. Revenue from the route operations (the Group's core business) decreased by EUR 6.9 million to EUR 638.9 million compared to the financial year 2023. The Group's EBITDA was EUR 175.2 million (EUR 214.5 million in the financial year 2023) and the audited net profit for the period was EUR 40.3 million (EUR 78.9 million in the financial year 2023).

The following operational factors impacted the Group's revenue and operating results in 2024:

Key figures

¹ Alternative performance measures based on ESMA guidelines are disclosed in the “Alternative performance measures” section of the report.
Does not include additions to right-of-use assets.

Consolidated   statement of profit   or loss and other   comprehensive   income

Consolidated   statement of financial   position

Consolidated   statement of cash   flows

Anneli Simm
Investor Relations Manager

AS Tallink Grupp
Sadama 5
10111 Tallinn, Estonia
E-mail anneli.simm@tallink.ee
Phone: +372 56157170

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