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Displaying items by tag: Major Losses

Ferry firm Stena has posted major losses for the first six months of the year after the pandemic devastated travel.

Coronavirus has seen passenger numbers slashed and freight reduced on Stena Line's key routes - including those from Holyhead, Liverpool and Heysham to ports in Ireland and Northern Ireland.

Now Stena AB Group has posted figures from the first six months of the year.

The Stena Line ferry operation had losses of –1,014 Swedish Krona (SEK) (Around -£87m) over the period - the bulk of these losses in the first three months of the year.

For further breakdown Business Live has more of the operator's results.

Published in Ferry