Trasmediterránea Improves Results in 2015

Trasmediterránea increased its EBITDA (earnings before interest, taxes, depreciation, and amortization) in 2015 to 41 million euros, which represents a 37.6% increase compared to the 2014 fiscal year. Revenues rose by 1.7%, reaching 424 million euros.During 2015, the number of passengers increased by 3.7%, totaling 2.4 million; as well as a 0.4% increase in transported vehicles, totaling 545,000 units; and a 3.4% increase in linear meters of cargo, reaching 5.6 million, according to company data.

Trasmediterránea has a significant presence in the Mediterranean area, with six ships operating from Barcelona and Valencia to Ibiza, Mahón, and Palma de Mallorca. The most recent addition is the ship “Forza,” similar to the “Tenacia,” which was incorporated on February 25. It has a cargo capacity of 2,200 linear meters and can transport a thousand passengers.

Trasmediterránea has been connecting the main ports of Barcelona and Valencia with the Balearic Islands for almost a hundred years, since its establishment on November 25, 1916, and the start of its operations on January 1, 1917. Almost a century later, it continues to directly connect Barcelona and Valencia with Ibiza, Mahón, and Palma de Mallorca, as well as Formentera. It also operates from the south of the peninsula to the Canary Islands, Ceuta, Melilla, Morocco, and Algeria.

Photo: provided