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Tallink Grupp — Earnings Release 2021
Apr 6, 2021
2225_iss_2021-04-06_c3d02d52-d6c1-42db-be88-5254029ea976.pdf
Earnings Release
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AS TALLINK GRUPP – COMPANY ANNOUNCEMENT 06.04.2021
AS TALLINK GRUPP STATISTICS FOR MARCH 2021 AND THE FIRST QUARTER OF THE 2021 FINANCIAL YEAR
In March 2021 AS Tallink Grupp transported 71 979 passengers, which is a 74.2% decrease compared to March 2020. The number of cargo units decreased by 10.2% to 31 466 units and the number of passenger vehicles decreased by 53.1% to 19 720 units in the same comparison.
In the first quarter of the 2021 financial year (January – March) AS Tallink Grupp transported 267 224 passengers, which is an 82.9% decrease compared to the previous year. The number of transported cargo units decreased by 14.5% to 85 156 units and the number of passenger vehicles decreased by 60.2% to 75 815 units in same comparison.
AS Tallink Grupp passenger, cargo unit and passenger vehicles numbers for March 2021 and the first quarter of the financial year were the following:
| March | March | |||||
|---|---|---|---|---|---|---|
| 2021 | 2020 | Change | Q1 2021 | Q1 2020 | Change | |
| Passengers | 71 979 | 279 507 | -74.2% | 267 224 | 1 566 730 | -82.9% |
| Finland - Sweden | 13 286 | 71 030 | -81.3% | 56 077 | 469 607 | -88.1% |
| Estonia - Finland | 55 419 | 170 380 | -67.5% | 201 446 | 847 818 | -76.2% |
| Estonia - Sweden | 3 274 | 19 707 | -83.4% | 9 701 | 140 544 | -93.1% |
| Latvia - Sweden | 0 | 18 390 | -100.0% | 0 | 108 761 | -100.0% |
| Cargo Units | 31 466 | 35 037 | -10.2% | 85 156 | 99 617 | -14.5% |
| Finland - Sweden | 6 217 | 6 565 | -5.3% | 16 950 | 20 574 | -17.6% |
| Estonia - Finland | 21 526 | 24 137 | -10.8% | 57 595 | 64 739 | -11.0% |
| Estonia - Sweden | 3 723 | 3 626 | 2.7% | 10 611 | 11 078 | -4.2% |
| Latvia - Sweden | 0 | 709 | -100.0% | 0 | 3 226 | -100.0% |
| Passenger Vehicles | 19 720 | 42 045 | -53.1% | 75 815 | 190 292 | -60.2% |
| Finland - Sweden | 1 714 | 4 126 | -58.5% | 7 739 | 20 000 | -61.3% |
| Estonia - Finland | 17 918 | 34 246 | -47.7% | 67 743 | 151 492 | -55.3% |
| Estonia - Sweden | 88 | 1 504 | -94.1% | 333 | 8 844 | -96.2% |
| Latvia - Sweden | 0 | 2 169 | -100.0% | 0 | 9 956 | -100.0% |
COVID-19 related travel restrictions were the key operational factor influencing the developments in March 2021 and in the first quarter of the financial year.
ESTONIA – FINLAND
In the first quarter, operations of cruise ferry Silja Europa were suspended. Estonia-Finland statistics includes both shuttle and cargo operations on Tallinn-Helsinki route.
ESTONIA – SWEDEN
In the first quarter, operations of the Tallinn-Stockholm route were suspended. Estonia-Sweden statistics includes operations of the Paldiski-Kapellskär cargo route.
FINLAND – SWEDEN
In the first quarter, cruise ferry Galaxy did not operate on the route for 4 days due to scheduled maintenance. Operations of the Helsinki-Stockholm route were suspended. Finland-Sweden statistics reflect the operations of Turku-Stockholm route.
LATVIA – SWEDEN In the first quarter, operations of the Riga-Stockholm route were suspended.
Joonas Joost Financial Director
AS Tallink Grupp Sadama 5 10111 Tallinn, Estonia E-mail [email protected]