PRESS RELEASE 4.5.2023: Meyer Turku Group reached a 20 MEUR positive operative result – the company is on a clear pathway to a turnaround

Published: 04.05.2023
PRESS RELEASE 4.5.2023: Meyer Turku Group reached a 20 MEUR positive operative result – the company is on a clear pathway to a turnaround

-17,0

7,8

Profit / loss for the financial year, %

-1,2

-1,6

0,8

Investments, M€

12,1

12,4

30,8

Personnel, average

2131

2086

2359

The Meyer Turku Oy shipyard is specialized in the construction of very demanding, innovative, and environmentally efficient cruise ships, car ferries, and special vessels. Our share of the global cruise construction market is approximately 15%, and our shipyard's order books extend to 2026. Our largest customers are Royal Caribbean International, Carnival Cruise Line, TUI Cruises and the Finnish Border Guard.

Meyer Turku employs 2.000 top professionals and operates the Turku shipyard where vessels are built since 1737. Meyer Turku’s subsidiaries are Piikkio Works Oy, a cabin factory located in Piikkiö, Shipbuilding Completion Oy, which offers complete deliveries to public spaces, and ENG’nD Oy, a shipbuilding and offshore design company based in Rauma.

Together with the German shipyards, Meyer Werft in Papenburg, and Neptun Werf in Rostock, Meyer Turku forms the Meyer Group, one of the world’s leading cruise ship builders.

We are constantly striving for more sustainable shipbuilding. We have identified five UN Agenda 2030 goals, which we can especially influence in our operations and cooperation with partners and customers.