Earnings Release • Aug 26, 2015
Earnings Release
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AS Tallink Grupp | Sadama 5/7 | Reg. Nr.:10238429 | Phone: +372 640 9800 | Fax: +372 640 9810 | E-mail: [email protected] August 2015 Investor Relations | E-mail: [email protected] | Phone: +372 640 9914
We operate 6 routes
60% of the hotel guests arrive with Tallink ships
Current focus is on core operations to realize past investments. Along with the optimal fleet deployment the emphasis is on the profitability improvement and deleveraging.
| Silja Line established |
Tallink founded |
One vessel | Management buyout |
Private place- ment | IPO | Rights Issue | Over 1.3 billion euros invested during the fleet investment program |
Tallink Hotel Riga |
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| History | 1883 | 1910 | 1928 | 1957 | 1965 | 1989 | 1990 | 1996 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2008 | 2009 | 2010 | 2011 | 2014 |
| Finnish Steamship Co founded |
Service between Turku & Stockholm |
Service between Helsinki & Stockholm |
Tallinn-Helsinki route |
166 th passengers |
Tallinn-Stockholm route |
First newbuilt cruise ferry |
Hotel operation starts |
Tallink and Silja Line merged |
7M passengers reached |
8M passengers reached | 9M passengers 1.3M Club One members |
1.7M Club One members |
| Passengers | 8 881 732 | P/E | 2 1 |
|---|---|---|---|
| Sales | 921 mil EUR | ROA | 4.1% |
| EBITDA | 151 mil EUR | ROE | 3.6% |
| Net Profit | 27 mil EUR | Equity Ratio | 46% |
| Average number of employees | 6 952 | EBITDA Margin | 16% |
| EPS | 0.04 | Book value per share 1.16 EUR | |
Tallink City Rooms: 332 Conference Nightclub
Tallink Hotel Riga Rooms: 256 Conference GYM
Tallink Spa & Conference Rooms: 275 Aqua Spa
Pirita Top Spa Rooms: 267 Wellness & MediSPA National Heritage
Tallink Express Rooms: 163 Express Cafe
Janek Stalmeister Andres Hunt Lembit Kitter Kadri Land
Quarterly seasonality
23%
EUR
Passenger revenue
EUR
Million EUR
214
0
200
400
600
800
908
Chairman of the Management Board, CEO Vice Chairman of the Management Board Member of the Management Board Member of the Management Board
Baltic Cruises Holding 17% Nordea Bank Finland PLC, clients 8% ING Luxemburg S.A. AIF account 4% ING Luxembourg client account 3% State Street Bank and Trust Omnibus fund NO OM01 2% JP Morgan Chase Bank 1% Firebird Republics fund Ltd. 1% Skandinaviska Enskilda Banken 1% Skandinaviska Enskilda Banken S.A. 1% The Bank of New York Mellon 1%
Tallink has been a leading stock on the Baltic market in liquidity, market capitalization and has
Infortar 36%
25%
| The world's top duty free & travel retail shops 2014 | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Rank Company | Remarks | ||||||||
| 1 Stena Line | 933 618 | ||||||||
| Grimaldi Lines | 694 597 | AIRPORT SHOPS | |||||||
| 3 Tallink | 466 960 | AIRPORT SHOPS | |||||||
| 4 P&O Ferries | 409 659 | AIRPORT SHOPS | |||||||
| 5 Tirrenia | 373 911 | AIRPORT SHOPS | |||||||
| Ferry operator by beds | AIRPORT SHOPS | ||||||||
| Rank Company | Beds | AIRPORT SHOPS | |||||||
| 1 Tallink | 18 963 | AIRPORT SHOPS | |||||||
| 2 Stena Line | 17 069 | ||||||||
| 3 Viking Line | 14 026 | AIRPORT SHOPS | |||||||
| 4 Grand Navi Veloci | 13 680 | ||||||||
| 5 Tirrenia | 10 442 | AIRPORT SHOPS | |||||||
| AIRPORT SHOPS | |||||||||
| Rank Company | Revenue | ||||||||
| 1 DFDS Group | 1 714 | FERRIES | |||||||
| 2 Stena Line | 1 340 | AIRPORT SHOPS | |||||||
| Tallink | 921 | ||||||||
| 4 Finnlines | 533 | AIRPORT SHOPS | |||||||
| 5 Viking Line | 527 | AIRPORT SHOPS | |||||||
| AIRPORT SHOPS | |||||||||
| AIRPORT SHOPS | |||||||||
| Source: Generation Research 2015 | |||||||||
| Ferry operator by gross tons Gross tons Ferry operator by revenues (EUR million) Source: ShipPax MARKET: 15, Company reports |
Rank Location Sales> US\$ 1,000.0 million 1 Seoul – Incheon Int'l Airport, South Korea 2 Dubai – Dubai International Airport, U.A.E. 3 Singapore – Changi Airport 4 London – Heathrow Airport, UK 5 Hong Kong – Hong Kong International Airport 6 Shanghai – Pudong Airport, China P.R 7 Bangkok – Suvarnabhumi Airport, Thailand Sales> US\$ 800.0 million 8 Paris – Charles de Gaulle Airport, France Sales> US\$ 700.0 million 9 Beijing – Capital Airport, China P.R. 10 Frankfurt – Frankfurt-Main Airport, Germany Sales> US\$ 600.0 million 11 Tallink/Silja Line 12 Taipei – Taoyuan International Airport, Taiwan Sales> US\$ 500.0 million 13 Tokyo – Narita Airport, Japan 14 Sao Paulo – Guarulhos Int'l Airport, Brazil 15 Oslo – Gardermoen Airport, Norway 16 Amsterdam – Schipol Airport, Netherlands |
| 2 Dubai – Dubai International Airport, U.A.E. | AIRPORT SHOPS |
|---|---|
| 3 Singapore – Changi Airport | AIRPORT SHOPS |
| 4 London – Heathrow Airport, UK | AIRPORT SHOPS |
| 5 Hong Kong – Hong Kong International Airport | AIRPORT SHOPS |
| 6 Shanghai – Pudong Airport, China P.R | AIRPORT SHOPS |
| 7 Bangkok – Suvarnabhumi Airport, Thailand | AIRPORT SHOPS |
| Sales> US\$ 800.0 million | |
| 8 Paris – Charles de Gaulle Airport, France | AIRPORT SHOPS |
| Sales> US\$ 700.0 million | |
| 9 Beijing – Capital Airport, China P.R. | AIRPORT SHOPS |
| 10 Frankfurt – Frankfurt-Main Airport, Germany | AIRPORT SHOPS |
| Sales> US\$ 600.0 million | |
| 11 Tallink/Silja Line | FERRIES |
| 12 Taipei – Taoyuan International Airport, Taiwan | AIRPORT SHOPS |
| Sales> US\$ 500.0 million | |
| 13 Tokyo – Narita Airport, Japan | AIRPORT SHOPS |
| 14 Sao Paulo – Guarulhos Int'l Airport, Brazil | AIRPORT SHOPS |
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