Meyer Turku is experiencing strong growth: Billions in revenue and major contracts secure its future through 2036

Growth with tailwinds: Meyer Turkusets new standards in 2025

The Finnish shipyard Meyer Turku looks back on a successful 2025 financial year – thus setting the course for a stable long-term future. With a significant increase in revenue and rising profitability, the company is clearly back on a growth trajectory after some difficult years.

Revenue climbed to approximately €2.14 billion , an increase of over 17 percent compared to the previous year. The shipyard also saw growth in its operating profit: adjusted EBIT reached €105 million , underscoring the continuous improvement in profitability.

Download Annual Report 2025here…

Strategic restart: More independence, less risk

A key component of the new strategy is a revised financing model. Going forward, customers – such as large cruise lines – will bear a larger share of project financing. For Meyer Turku, this means less risk, more stable revenues, and greater financial flexibility.

CEO Casimir Lindholm sees the company on a clear course: The results are an important step towards a "stronger, independent organization" with long-term planning security.

Order books filled until 2036

Particularly crucial for the future is the close partnership with Royal Caribbean . 
A long-term framework agreement secures orders for the shipyard until 2036 – an exceptionally long planning horizon in the shipbuilding industry.

Meyer Turku is currently working on several major projects simultaneously:

• Construction of several "Icon" class cruise ships
• Completion of new ships by at least 2028
• Additional options for further new buildings

At the same time, special ships are also being built, such as patrol boats for the Finnish border guard – a sign of strategic diversification.

Innovation and size as growth drivers

Success is based not only on orders, but also on technological strength. Meyer Turku is one of the world's leading shipyards for complex, energy-efficient cruise ships.

At the same time, the demand for larger and more innovative ships continues to grow – a trend that is driving the industry as a whole.

Looking ahead: Investments and stable development

The company plans extensive investments in infrastructure and competitiveness for the coming years. The aim is to stabilize and further expand its positive development.

The combination of:

• strong order books
• improved profitability
• optimized financial structures

creates a solid foundation for sustainable growth.

Conclusion

Meyer Turku is back on the road to success. With rising sales, a clear strategy and long-term secured orders, the shipyard is positioning itself as one of the most important players in global cruise ship construction – and as a stable player in a changing market.