Infortar Reports 34% Revenue Growth, Strong EBITDA Surge in 2025
Event summary
- Infortar's revenue surged 34% to €1.84 billion in 2025, driven by full-year consolidation of Tallink Grupp and new company additions.
- EBITDA rose 60% to €233 million, with maritime transport, energy, and real estate segments contributing to profitability.
- Net debt decreased by 20% to €841 million, improving financial stability.
- Dividend proposal of €3.02 per share for 2025, including Tallink's dividend pass-through.
- Key investments include Rail Baltica construction and a 40,000 sqm commercial space for Depo.
The big picture
Infortar's strong 2025 performance reflects strategic diversification across maritime, energy, and real estate. The company's debt reduction and EBITDA growth highlight resilience, but maritime challenges and execution risks in real estate projects remain critical. With a proposed dividend increase, Infortar signals confidence in its long-term strategy amid economic volatility.
What we're watching
- Maritime Recovery
- Whether Tallink can sustain profitability amid low consumer confidence and challenging economic conditions.
- Energy Expansion
- The pace at which Elenger Grupp's international investments will drive future growth.
- Real Estate Execution
- How the completion of Rail Baltica and Depo projects will impact Infortar's real estate segment.