Hurtigruten saw trade-driven sales from North America climb 72% in 2025 — data that's part of a broader financial turnaround the Norwegian coastal carrier reported this week.
Total booked revenue from the region rose 10% year over year, with its premium Signature voyages, which sail to Svalbard and the North Cape, posting 52% booking growth.
Company wide, operating revenues increased 12% to 501.8 million euros (or $586.72 million), and EBITDA earnings reached 90.2 million euros (or $105.7 million), up from 49.8 million euros (or $58.23 million) in 2024 — a gain of more than 80%. Guest numbers grew 6% to 222,000.
The results mark the company's first full year operating independently, following its January 2025 separation from HX Expeditions (formerly Hurtigruten Expeditions). During the year, a portion of its debt was converted to equity, additional capital was injected by owners and debt maturities were extended to 2030.
"The 2025 figures show that the changes we have implemented are delivering results," said Hedda Felin, CEO if Hurtigruten. "The underlying operations have improved significantly, we have strong revenue growth and a stronger financial position. This gives us the stability we need to prioritize 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."
Felin also acknowledged the company's approximately 600 coastal partners.
"Our skilled and dedicated employees at sea and on land do their utmost to ensure travelers choose us and that guests have a unique experience," Felin said. "I would also like to thank our approximately 600 partners along the coast, with whom we work closely every day."
Editor’s Note: This article was generated by AI, based on a press release distributed by Hurtigruten. It was fact-checked and reviewed by a TravelAge West editor.