Strong Growth Indicators for Havila Kystruten AS in 2025
In an exciting update for Havila Kystruten AS, March 2025 revealed a notable occupancy rate of 70%, signaling a robust start to the season as it gears up for summer. This remarkable growth was further buoyed by an impressive increase in ticket revenue, which surged nearly 20% compared to the previous year, largely thanks to an Average Cabin Revenue (ACR) increase of almost 40%.
Analyzing the First Quarter Performance
The first quarter last year saw high occupancy levels accompanied by lower prices, a result of considerable rebooking from delays encountered in the “sail start” for 2022 and 2023. While the first quarter of 2024 logged a 66% occupancy, this year recorded a slightly lower occupancy of 61%. Nevertheless, the substantial jump in ACR resulted in a total ticket revenue increase of around 25% for the quarter.
Booking Trends and Outlook for 2025
Currently, approximately 57% of the available capacity for 2025 has been booked, translating to about 75% of the targeted cabin nights for the entire year. This year's booking pattern reflects a more balanced distribution, accommodating both groups and individual travelers evenly along the full route. With a nearly 25% higher ACR projected for the entire year compared to last year, Havila Kystruten AS is confidently positioned to meet its targets as the high season approaches.
Future Perspectives for 2026
Looking ahead to 2026, Havila Kystruten AS has already secured bookings for 19% of its available capacity, with ACR almost 20% higher than at the same point last year. This early trend suggests a promising ramp-up in topline growth and an improvement in EBITDA margin for 2026 in comparison with 2025, reinforcing the company’s optimistic outlook.
Revenue Disclaimer
It’s worth noting that the Key Performance Indicators (KPIs) cited are derived from Havila Kystruten’s unaudited booking system, and thus, may present varying figures compared to the official financial statements. Additionally, the revenue figures regarding ACR are based on the exchange rates used within the booking system.
Key Company Contacts
For more details, please reach out to the respective executives: Chief Executive Officer, Bent Martini at +47 905 99 650, or Chief Financial Officer, Aleksander Røynesdal at +47 413 18 114.
Frequently Asked Questions
What is the current occupancy rate for Havila Kystruten AS?
The current occupancy rate for March 2025 is 70%.
How much has ticket revenue increased compared to last year?
Ticket revenue has increased by almost 20% compared to the previous year.
What does the future look like for bookings in 2026?
As of now, 19% of the available capacity for 2026 is booked, indicating a positive trend.
Who can I contact for more information about the company?
You can contact Bent Martini, the CEO, or Aleksander Røynesdal, the CFO.
Are the KPIs published accurate?
The KPIs are sourced from the company’s unaudited booking system and may vary from the reported financial statements.
