Finland’s Meriaura reported a strong set of year-to-date results, with project logistics comprising nearly 30 percent of the group’s turnover.
The company reported turnover of EUR53.7 million (USD53.05 million) between January and September 2022 – up from EUR39.2 million (USD38.7 million) in the same period of last year. Operating profit was EUR7.8 million (USD7.7 million), up from EUR3.6 million (USD3.56 million). The net result stood at EUR7.1 million (USD7.01 million), up from EUR3.5 million (USD3.46 million).
The shipping group said the third quarter 2022 result was the best summer quarter in the company’s history. Turnover increased by 50 percent year over year to EUR20.4 million (USD20 million). The net result improved to EUR3.6 million (USD3.56 million), up from EUR1.5 million (USD1.48 million) in 2021.
HLPFI reported that Meriaura took over the shipping business from the owner company VG-Shipping and the administrative business from Aura Mare. The effect of the transferred business operations on turnover this year has been approximately +4 percent.
The group’s deck carriers were well employed throughout the quarter. During the review period these ships were used to ship wind energy cargoes to Norwegian projects, and to move harbour cranes to both Iceland and the Mediterranean. Project logistics accounted for slightly less than 30 percent of the company’s turnover.
Source: heavyliftpfi.com
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