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Infortar’s sales volume grew by one-third in the third quarter, reaching 468 million euros, EBITDA amounted to 105 million euros, and net profit to 72 million euros. Over the first nine months, the Group’s revenue increased to 1.4 billion euros, and total investments reached 96 million euros.
A recording of the webinar presenting the second-quarter results is available HERE.
“We delivered a strong quarterly result, with all business segments contributing more significantly than a year ago. The considerable growth in sales volumes has had a positive impact on profitability, higher revenues have translated into increased profit. Tallink has successfully adapted to the regional economic challenges and market environment, increasing passenger numbers. Following a mild winter, Elenger expanded its market share in Finland and the Baltic region to a record 30% over the summer months. In the real estate and construction segment, we continue work on several large infrastructure projects, including the construction of the main line of Rail Baltica,” said Ain Hanschmidt, CEO of Infortar.
“The Group companies Tallink and Elenger have jointly taken a significant step towards sustainability – Tallink’s newest shuttle vessel, MyStar, began using bio-LNG fuel in the third quarter, with the aim of transitioning both MyStar and Megastar fully to bio-LNG. Tallink is setting an example for other operators and helping to reduce the environmental footprint across the Baltic Sea,” Hanschmidt added.
“Major changes are also taking place in onshore gas consumption. In Estonia, the share of locally produced biomethane – derived from cattle manure and biowaste – has already grown to nearly 10% of the country’s total gas consumption, thereby strengthening our overall energy independence. In the transport sector, imported fossil gas has already been replaced by locally produced green gas, transforming what was once a fossil fuel into a renewable and domestic source of energy,” Hanschmidt noted.
The Group’s sales revenue for nine months totalled €1.419 billion, with EBITDA of €190 million and a net profit of €58 million. As of 30 September 2025, the company’s equity stood at €1.2 billion, and total assets at €2.5 billion. In July this year, the company paid out €31 million in dividends.
