Tallink Grupp As · OMXTSE:TAL1T
Tallink Grupp As — AS Tallink Grupp — Q3 2024 Earnings Presentation
15 slides from Tallink Grupp As's earnings presentation, October 2024
Slide 1: Q3 2024 AS Tallink Grupp
Q3 2024 AS Tallink Grupp October 2024
Slide 2: Presenters
Presenters PAAVO NÕGENE MARGUS SCHULTS CHAIRMAN OF THE MANAGEMENT MEMBER OF THE MANAGEMENT BOARD BOARD 2
Slide 3: Key facts about Tallink Grupp
Tallink Grupp KEY FACTS ABOUT TALLINK GRUPP The leading European provider of 14 vessels 5 regular routes leisure and business travel and sea 12 passenger vessels on the Baltic Sea 2 cargo vessels transportation services in the Baltic Sea region. 3 vessels in charter 3.3 million Both long-term Club O
Slide 4: Fleet by routes and chartered vessels end of Q3 2024
Fleet by routes and chartered vessels end of Q3 2024 * Victoria I operated the Tallinn-Stockholm route until 31 August 2024 4
Slide 5: Q3 2024 revenues
Q3 2024 revenues Selected Key Figures • Revenue EUR 231.9 (EUR -8.8m or -3.7% vs LY) Q3 2023 Q3 2024(1) Change (financials in million euros) — Strong revenues from the Tallinn-Stockholm route due to Number of passengers 1,775,821 1,715,496 -3.4% two cruise ferries on the route offset by declining Nu
Slide 6: Sales & results by geographical segments Q3 2024
Sales & results by SALES (in million euros) geographical 280 240 241 6 0.4 8.6 -11.1 -7.2 0.4 232 segments Q3 2024 200 160 120 ESTONIA-FINLAND 80 The segment reflects operations of two shuttle vessels – MyStar and Megastar. The cruise ferry Victoria I 40 returned to the route on 31 August 2024. 0 Q3
Slide 7: Sales by operational segments Q3 2024
Sales by REVENUE STRUCTURE Q3 2024(1) operational Restaurant & shop sales Cargo segments Q3 2024 46% 9% Accommodation 2% Charter 6% Other • As at the end of Q3 2024 a total of 3 3% vessels on charter, compared to 5 vessels in Q3 2023 Ticket sales 34% • Cargo transportation revenues indicate an impro
Slide 8: Dynamics of seasonality
Dynamics of seasonality Passengers (millions) Cargo (th. units) 9.8 500 10 410 2.3 400 380 360 369 8 96 324 5.7 94 82 101 6 3.0 5.5 300 76 Q4 102 239 3.7 1.3 1,3 4.3 93 92 91 4 200 76 67 Q3 3.0 1.9 1.8 1.7 109 2.7 100 87 1.3 1.1 92 85 87 Q2 2 1.5 1.5 100 1.1 1.6 1.9 1.6 1.1 93 100 85 102 87 85 1.0 Q
Slide 9: Dynamics of seasonality
Dynamics of seasonality Quarterly net result (in million euros) 2019 2020 2021 2022 2023 2024(1) net profit 50M€ net loss 108M€ net loss 57M€ net profit 14M€ net profit 79M€ net profit 45M€ 70 50 30 55 49 38 33 36 10 15 17 6 2 3 5 6 -3 -5 -10 -25 -30 -27 -24 -27 -34 -24 -40 -30 -50 Notes: (1) 2024 u
Slide 10: Consolidated income statement
Consolidated income statement In million euros 2022 2023 Q3 2023 Q3 2024(2) Sales 771 835 241 232 Cost of sales (1) -658 -631 -163 -165 Marketing & administrative cost (1) -87 -95 -22 -23 Other operating items, net 10 4 -1 0 Result from operating activities 38 113 55 44 EBITDA 136 215 82 68 EBITDA M
Slide 11: Consolidated cash flow statement
Consolidated cash flow statement In million euros 2022 2023 Q3 2023 Q3 2024(1) Operating cash flow 144 203 60 55 Capital expenditure -203 -28 -6 -6 Asset disposal 3 1 0 0 Free cash flow -56 177 54 50 Debt financing (net effect) 69 -213 -39 -32 Interests & other financial items -25 -37 -8 -7 Dividend
Slide 12: Consolidated statement of financial position
Consolidated statement of financial position In million euros 31.12.2022 31.12.2023 30.06.2024 30.09.2024(2) 30.09.2024(2) Total assets 1,692 1,555 1,567 1,499 Cash Non-current assets 1,496 1,432 1,393 1,375 Intangibles Other 1400 liabilities Current assets 196 123 174 124 Other assets - of which ca
Slide 13: Loan portfolio structure
Loan portfolio structure 900 84.24 90 LONG-TERM BANK LOANS 800 80 700 70 • EUR 496 million as at 30 September 2024 • 3 loan agreements outstanding: syndicated 600 16 60 loan and two ship building loans 500 50 • Maturing 4.5 – 10 years • EUR denominated, fixed and EURIBOR 400 40 floating 746 663 300
Slide 14: Q&A
Q&A PAAVO NÕGENE CHAIRMAN OF THE MANAGEMENT BOARD 14
Slide 15: a — ee ;
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