Earnings Release • Mar 17, 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] March 2015 Investor Relations | E-mail: [email protected] | Phone: +372 640 8981
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 placement |
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 | 0.06 | 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
Kadri Land Member of the Management Board
Skandinaviska Enskilda Banken Finnish Clients 1% Nordea Bank Finland PLC / non-resident legal entities % ING Luxemburg S.A. 7% Baltic Cruises Holding 17% Skandinaviska Enskilda Banken S.A. 2% State Street Bank and Trust Omnibus fund 2% JP Morgan Chase London Clients account, Vanguard Marketing Corporation 1% Firebird Republics fund Ltd. 1% Luksusjaht AS 1%
Tallink has been a leading stock on the Baltic market in liquidity, market capitalization and has a retail shareholder base over 11 000 shareholders
Source: Generation Research 2014
| 1 Stena Line | 878 919 | Sales> US\$ 1,000.0 million | ||
|---|---|---|---|---|
| 1 Tallink | 24 428 | Sales> US\$ 800.0 million | ||
| 4 Tirrenia | 10 442 | Sales> US\$ 600.0 million | ||
| 2 Stena Line | 1 090 | Sales> US\$ 300.0 million | ||
| Source: ShipPax MARKET: 14 |
83.3 83.6 84.3 81.3
33.3 30.5 31.7 29.7
50.0 53.1 52.6 51.6
0.0 10.0 20.0 30.0 40.0 50.0 60.0 70.0 80.0 90.0
Ticket
Onboard
Total
2011
High season
2012 2013 2014
Quarterly seasonality
Passenger revenue
| 1 Stena Line | 878 919 | Sales> US\$ 1,000.0 million | ||||||
|---|---|---|---|---|---|---|---|---|
| 2 | Grimaldi Lines | 750 089 | 1 Dubai International Airport, U.A.E. | AIRPORT SHOPS | ||||
| 3 Tallink | 537 232 | 2 Seoul - Incheon Int'l Airport | AIRPORT SHOPS | |||||
| 4 P&O Ferries | 436 092 | 3 Singapore - Changi Airport | AIRPORT SHOPS | |||||
| 5 Scandlines | 363 341 | 4 London - Heathrow Airport / All Shops, UK | AIRPORT SHOPS | |||||
| Ferry operator by beds | 5 Bangkok - Suvarnabhumi Airport, Thailand | AIRPORT SHOPS | ||||||
| Rank Company | Beds | 6 Hong Kong - Hong Kong International Airport | AIRPORT SHOPS | |||||
| 1 Tallink | 24 428 | Sales> US\$ 800.0 million | ||||||
| 2 Viking Line | 16 562 | 7 Shanghai - Pudong Airport, China P.R. | AIRPORT SHOPS | |||||
| 3 Stena Line | 15 619 | 8 Beijing - Capital Airport, China P.R | AIRPORT SHOPS | |||||
| 4 Tirrenia | 10 442 | Sales> US\$ 600.0 million | ||||||
| 5 Grand Navi Veloci 10 434 |
9 Paris - Charles de Gaulle Airport, France | AIRPORT SHOPS | ||||||
| Ferry operator by revenues (mEUR) | 10 Frankfurt – Frankfurt-Main Airport, Germany | AIRPORT SHOPS | ||||||
| Rank Company | Revenue | 11 Tallink/Silja Line | FERRIES | |||||
| 1 DFDS Group | 1 625 | 12 Taipei - Taoyuan International Airport, Taiwan | AIRPORT SHOPS | |||||
| 2 Stena Line | 1 090 | Sales> US\$ 300.0 million | ||||||
| 3 | Tallink | 942 | 13 Sao Paulo - Guarulhos Int'l Airport | AIRPORT SHOPS | ||||
| 4 Scandlines | 564 | 14 Amsterdam - Schipol Airport, Netherlands | AIRPORT SHOPS |
Passengers Cargo units Revenue EBITDA 27 30 78 0 50 100 150 145 68 67 73 67 77 54 76 72 80 79 69 70 69 76 77 67 71 70 79 78 0 100 200 300 09/10 2011 2012 2013 2014 259 283 Thousand units 284 302 310 1.8 2.0 2.0 1.9 1.9 1.6 2.3 2.4 2.4 2.4 2.2 2.7 2.8 2.7 2.6 2.8 2.1 2.1 2.1 2.1 0 1 2 3 4 5 6 7 8 9 10 09/10 2011 2012 2013 2014 8.4 9.1 9.3 9.1 8.9 Million 181 183 194 191 188 158 238 245 249 246 202 272 282 278 263 272 214 223 224 224 0 200 400 600 800 814 908 Million EUR 944 921 942
5 Finnlines 505 15 Oslo - Gardermoen Airport AIRPORT SHOPS
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