Norfolkline group statistics

As part of the A.P. Møller – Maersk Group, Norfolkline are committed to establishing continuous growth throughout the organisation, and as a result of this commitment we have achieved substantial growth in recent years.


With the transport of 2.4 million passengers, more than 700,000 vehicles and 1.3 million trailers, productivity and capacity utilisation improved in 2008 compared to 2007.

Profit before financial items rose in 2008, due to gains on the sale of two ships that have both been chartered back for a period, but profit excluding sales gains was somewhat below 2007, being negatively influenced by the economic slowdown in Great Britain, higher fuel costs and exchange rate effects resulting from the weakened pound sterling.

Highlights 2008 (USD million) 2007 (USD million)
Revenue 1,068 1,033
Profit before depreciation, amortisation and impairment losses (EBITDA) 98 116
Depreciation, amortisation and impairment losses 54 52
Gains on sale of ships, etc. 53 7
Associated companies - share of profit after tax 2 2
Profit before financial items, (EBIT) 99 73
Financial items, net -35 -34
Profit before tax 64 39
Tax on profit for the year 2 4
Profit for the year 62 35
Cash flow from operating activities 43 78
Cash flow from investments 63 -6
Non-current assets 644 735

 

We currently operate18 vessels and we expect this number to grow with the new build projects already underway. The A.P. Møller – Maersk Group currently possesses over 300 vessels and this number is due to increase substantially by the end of 2009.

 


Norfolkline run four passenger ferry routes:

 


Norfolkline run 10 freight ferry routes:

 


Norfolkline's logistics division operate approximately 2,000 pieces of equipment (dry cargo trailers, refrigerated trailers, swap-bodies etc.) in our 14 European markets: