Trasmediterránea earned 31 million in 2015 and continues on the path of growth

For the second consecutive year, Trasmediterránea continues on the path of sustained growth. All parameters are positive and maintain their upward trend in the first half of 2016. In 2015, the company led by the Acciona group and presided over by Jorge Vega Penichet, earned 31.36 million euros and the turnover rose to 424.1 million (+1.6%).

The gross operating result (EBITDA) was 14 million, seven times more than that obtained in 2014. Sales have risen to 194 million (+3.6%). Only in the first half of the current year, passenger revenue has increased by 4% and by 5% in vehicles under luggage regulations. The linear meters of rolling cargo transported total three million (+1%).

This turnaround has also been made possible by the confidence generated by José Manuel Entrecanales' decision to halt the company's sale process when it was already in its final stages. That situation created great uncertainty. The recovery comes with a man from within, Mario Quero Gil, a naval engineer, who has managed with his team to regain the trust of clients and suppliers. The results speak for themselves.

Mario Quero Gil, the man of the "renaissance" of Trasmediterránea

In a scenario that remains complex, Trasmediterránea has acquired the ships “Albayzin” and “Almariya”, in which it has invested about 50 million euros. The former is always full of cargo on the Cádiz-Canary Islands route and during the summer season, it displays the sign “no cabins available”. The latter has achieved high occupancy on the Almería-Morocco route, where it has managed to regain positions against the competition from low-cost airlines and immediate maritime competitors.

Additionally, a change in strategy is evident in the Mediterranean services, especially on the routes connecting Barcelona and Valencia with the Balearic Islands. The ships