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Tallink Grupp — Fund Information / Factsheet 2014
Mar 19, 2014
2225_iss_2014-03-19_5b02e24a-38cc-4c27-bf78-6fda87fcc830.pdf
Fund Information / Factsheet
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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 2014 Investor Relations | E-mail: [email protected] | Phone: +372 640 8981
We operate 6 routes
Our fleet consists of 18 ice class ships and has a value of 1.5 billion EUR
Tallinn Riga
60% of the hotel guests arrive with Tallink ships
Tallink is the leading short cruise and ferry operator
Tallink's vision is to be the market pioneer in Europe by offering excellence in leisure and business travel and sea transportation services
Long term objectives toward increasing the company value and profitability:
The passenger market share of Tallink is 47% in the northern Baltic Sea Amsterdam Brussels Warsaw
- Strive for the highest level of customer satisfaction
- Increase volumes and strengthen the leading position on our home markets
- Develop a wide range of quality services directed to different customers and
- pursue new growth opportunities
- Manage the optimal debt level that will allow sustainable dividends
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.
Current strategic cornerstones and competitive advantages:
Key points
Key information 2013, unaudited
| 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 |
||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| History | 1883 | 1910 | 1928 | 1957 | 1965 | 1989 | 1990 | 1996 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2008 | 2009 | 2010 | 2011 | 2013 |
| 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 |
1.6M Club One members |
| 9 114 812 | P/E | 14 |
|---|---|---|
| 942 mil EUR | ROA | 4.8% |
| 156 mil EUR | ROE | 5.7% |
| 43 mil EUR | Equity Ratio | 45% |
| 6 898 | EBITDA Margin | 17% |
| 0.06 | ||
| Book value per share 1.15 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
Age of fleet by value We operate 5 Hotels (1300 rooms)
Tallink has been a leading stock on the Baltic market in liquidity, market capitalization and has a retail shareholder base over 11 000 shareholders
The world's top duty free & travel retail shops 2012
Rank Location Sales> US\$ 1,000.0 million
1 Seoul - Incheon Int'l Airport, South KoreaDubai
Segment result by routes 2013
Quarterly seasonality
Gross tons 927 447 740 934
Remarks AIRPORT SHOPS AIRPORT SHOPS AIRPORT SHOPS AIRPORT SHOPS AIRPORT SHOPS AIRPORT SHOPS AIRPORT SHOPS AIRPORT SHOPS AIRPORT SHOPS AIRPORT SHOPS FERRY SHOPS AIRPORT SHOPS AIRPORT SHOPS AIRPORT SHOPS AIRPORT SHOPS
Share price development
Passenger revenue
Kadri Land Million EUR Enn Pant Andres Hunt Lembit Kitter Janek Stalmeister Peter Roose
EUR
0
200
400
600
800
Million EUR
Quarterly passenger spending, highs and lows
Typical to the Tallink business model is that most of the result is made in the summer high
272 214 194 245 282 223 191 249 278 224 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Revenue Net profit 2011 2012 2013
Chairman of the Management Board, CEO Vice Chairman of the Management Board Member of the Management Board Member of the Management Board, CFO Member of the Management Board Member of the Management Board
Mellon Treaty Omnibus 1% Nordea Bank Finland PLC / non-resident legal entities 9% ING Luxemburg S.A. 7% Baltic Cruises Holding 17% Skandinaviska Enskilda Banken Ab Clients 2% State Street Bank and Trust Omnibus fund 2% JP Morgan Chase London Clients account, Vanguard Marketing Corporation 2% Firebird Republics fund Ltd. 1% Firebird Avrora Fund, Ltd 1%
Q1
Q2
Q3
Q4