Total maritime throughput in the first quarter reached 5.6 million tonnes of goods, which is in line with the business plan and 7% higher compared to the previous year. In the first three months of this year, we handled 299,712 container units (TEUs), representing a 17% increase compared to the first three months of 2024. In March 2025, we achieved the highest monthly container throughput to date, with 110,810 TEUs handled. Also in March, we welcomed the first vessel of a new alliance established in February this year by Danish Maersk Line and German Hapag-Lloyd, which significantly enhances our port’s connectivity with Far East markets. In the first months of this year, we have also recorded an increased number of container vessels linking Koper with numerous Mediterranean ports.
At the Car Terminal, 206,704 vehicles were handled in the first three months, representing a 9% increase compared to the first quarter of 2024, though slightly below plan due to weaker vehicle sales on the Chinese market and the unpredictable global economic situation. In the general cargo segment, we recorded a 22% increase, mainly due to higher throughput of steel products and timber. Slightly lower volumes were recorded in the liquid cargo segment, while dry bulk cargo throughput increased modestly.
“We are pleased that even in these uncertain times – when all European ports are facing major challenges brought about by higher import volumes, capacity saturation, and constraints on rail infrastructure – we are performing well and recording growth in throughput across key segments. Growth was achieved at the Container and Car Terminals as well as in general cargo,” said President of the Management Board Nevenka Kržan, expressing satisfaction with the first-quarter results.
Strong financial results marked the first quarter
In the first three months of 2025, the Company generated EUR 90.8 million in net sales revenue, representing a 14% increase or EUR 11.4 million more than in the same period of 2024, and 10% above plan. Higher revenues were the result of increased volumes of container stuffing and stripping services, additional services, and higher maritime throughput. Operating profit (EBIT) amounted to EUR 24.1 million, exceeding last year’s result by 36% and the planned figure by 57%. Earnings before interest, tax, depreciation and amortisation (EBITDA) reached EUR 31.8 million in the period under review, which is 23% higher year-on-year and 37% above plan, while net profit reached EUR 20 million, 30% more than in the same period last year and 54% above plan.
Major projects underway
In the first three months of this year, we continued to implement our planned investment cycle, allocating EUR 22.4 million to investments in property, plant and equipment, investment property and intangible assets. This represents an increase of EUR 11.3 million compared to the first quarter of 2024. “This year, we are continuing at full speed with extensive multi-year investments that began last year. The project to extend the northern part of Pier I is in full swing, seabed dredging is nearing completion, and construction of new areas will begin shortly,” added Kržan.
