A rise in UK booked revenue driven by travel agents has helped Hurtigruten post robust 2025 financial results

The line’s global 2025 figures show EBITDA (earnings before interest, taxes, depreciation, and amortisation) of €90.2 million, compared to €49.8 million in 2024, an increase of more than 80 per cent year-on-year.

During the year, a significant portion of the company’s debt was converted into equity, additional capital was injected by owners, and maturities on new debt were extended to 2030.

In the UK, 2025 trading delivered a strong performance, with total booked revenue rising by 15 per cent year-on-year. This revenue growth was fuelled by a surge in Signature bookings, which recorded a 66 per cent booked revenue increase over the same period.

Trade partners supported Signature’s performance, the line said, with B2B booked revenue for these voyages increasing by 126 per cent compared with 2024.

The development is driven by higher demand and a stronger commercial product, particularly within the Signature segment. Operating revenues increased by 12 per cent to €501.8 million. A total of 222,000 guests travelled with Hurtigruten in 2025, a six per cent increase compared to the previous year.

“The 2025 figures show that the changes we have implemented are delivering results. The underlying operations have improved significantly, we have strong revenue growth, and a stronger financial position,” said Hurtigruten CEO Hedda Felin.

“This gives us the stability we need to prioritise reliable operations, quality, and profitable growth going forward. We are ready for a busy summer season with very strong demand. We see that more and more people want to experience Norwegian nature and cuisine, and we are pleased that many choose Hurtigruten as their first option.”

Recently, the line implemented a green upgrade programme for its fleet, with investments exceeding €150 million. This programme was completed in 2025. The company now operates ten ships, four of which have been converted to hybrid operation.