Both listed Estonian ferry operator Tallink and listed Finnish ferry operator Viking Line posted losses in the tens of millions of euros in the first quarter of 2025.Tallink blamed the economy and idle vessels for its “challenging” quarter.
In the first quarter of 2025, Tallink posted a net loss of €33.2 million.
“The first quarter was undoubtedly challenging for the company.Consumer and business confidence remains low, with the economic situation in our home markets and ongoing global geopolitical tensions setting the tone.
Read more: ERR.EE
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