Tallink Grupp reports a clearly improved result for the first quarter of 2026 compared to the same period last year. Revenue increased to 149 million euros, while the net loss decreased to 22 million euros.
Passenger volumes rose by almost 7 per cent and freight volumes increased by over 13 per cent, contributing to the positive development.
– Passenger and cargo volumes showed a clear increase despite continued global uncertainty. This makes the improved results particularly pleasing, says CEO Peep Jalakas.
The effects of the ongoing conflict in the Middle East have not yet fully impacted the quarter's results, but rising fuel prices could have an effect going forward.
During the quarter, investments in the fleet continued. Three vessels – Baltic Queen, Silja Symphony and Victoria I – underwent maintenance work at a cost of over 14 million euros. At the same time, costs increased as a result of stricter requirements within the EU's emissions trading system.
Tallink is working in parallel to streamline operations and reduce environmental impact, including plans to switch to biomethane for the shuttle service between Tallinn and Helsinki.
The company's board of directors intends to propose a dividend of EUR 0.06 per share at the Annual General Meeting on 19 May, with the aim of continuing to be a stable dividend-paying company.
