Tallink Grupp has published its unaudited financial results for the first quarter (Q1)of 2024.The group reported a €2.6 million net profit for the quarter, which, due to being a low season for tourism, has usually delivered losses in previous years.
In the first quarter (Q1) of 2024, the company reached an unaudited net profit of €2.6 million, which is a 147.4 percent improvement on last year’s Q1 result, which saw a total net loss of €5.4 million.The group’s unaudited consolidated revenue decreased by 6.3 percent when compared to the same period in 2023 and totaled €160.4 million (€171.2 million in Q1 2023).The group’s unaudited EBITDA (earnings before interest, taxes, depreciation, and amortization – ed.
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