AS Tallinna Sadam operational volumes for 2023 Q1

According to Valdo Kalm, chairman of the management board of Tallinna Sadam, the passenger business continues to recover from the downturn caused by the COVID-19 pandemic. "We see an increasing flow of passengers, especially on the Tallinn-Helsinki line, and the number of people travelling on the Tallinn-Stockholm line has also grown rapidly. As for cargo, we can say that since December, goods of Russian origin basically no longer move through our harbours, and we do not see its recovery in...

In 2023 Q1, 06/04/2023 (informazione.it - comunicati stampa - turismo)

According to Valdo Kalm, chairman of the management board of Tallinna Sadam, the passenger business continues to recover from the downturn caused by the COVID-19 pandemic. "We see an increasing flow of passengers, especially on the Tallinn-Helsinki line, and the number of people travelling on the Tallinn-Stockholm line has also grown rapidly. As for cargo, we can say that since December, goods of Russian origin basically no longer move through our harbours, and we do not see its recovery in the long term. Rather, the expectations are about the continued growth of ro-ro cargo," explained Kalm.

82% of the decrease in cargo volume was caused by the decrease in liquid bulk, which was due to the implementation of sanctions against Russia and Belarus, which did not exist in the comparison period. In dry bulk, the handling of fertilizers fell in particular (–91%) also due to sanctions. The growth trend of ro-ro cargo continues.

Shipping volumes, i.e. the number of passengers and vehicles served by our own ferries showed an increase, and the number of charter days of the icebreaker Botnica was stable at last year's level.

The operational volumes of Tallinna Sadam group for 2023 Q1 are presented in the following table. The data for the Q1 2023 is preliminary as of 06.04.2023. The final volumes for the period may be specified and will be published in the following financial report.

More detailed statistics of passengers by nationality, gender and routes on monthly basis, can be viewed on the Tallinna Sadam web page: https://www.ts.ee/en/statistics/ . We now also publish quarterly key figures in xlsx format: https://www.ts.ee/en/investor/key-figures/
Detailed statistics on the number of passengers and vehicles on passenger ferries: https://www.praamid.ee/wp/statistics/

Additional information:

Marju Zirel
Head of Investor Relations
Tel. +372 5342 6591

m.zirel@ts.ee

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