# Annual Report 2025.pdf

- Press release: Havila Kystruten AS: Integrated Annual Report for 2025 (2026-05-28)
- Original: https://api3.oslo.oslobors.no/v1/newsreader/attachment?messageId=674822&attachmentId=327102
- Local copy: discarded after extraction (re-fetchable from Original)

**TL;DR —** Havila Kystruten achieved significant financial and environmental improvements in 2025, with a 17% revenue increase to MNOK 1,775 and a 37% reduction in CO2 emissions, driven by full fleet operation and strategic investments.

## Takeaways
- **Revenue:** Total operating revenue increased by 17% to MNOK 1,775 in 2025 (vs. MNOK 1,529 in 2024).
- **EBITDA:** EBITDA improved substantially to MNOK 373 (vs. MNOK 219 in 2024).
- **Emissions Reduction:** Achieved a 37% reduction in CO2 emissions, 87% in NOx, and 100% in SOx compared to 2017 baselines.
- **Fleet Operations:** Operated with 4 ships, achieving 100% operational uptime and 126 annual departures.
- **Occupancy & Pricing:** Maintained a 72% occupancy rate and increased average cabin revenue by 21% to NOK 5,200/day.
- **Biogas Voyage:** Havila Polaris completed a climate-neutral round trip using biogas and batteries, reducing CO2 emissions by 95.5%.

*Generated 2026-09-25 via google/gemini-2.5-flash*