Meyer Turku Group Oy has published its 2025 financial results, revealing that the company’s turnover amounted to €2.14 billion.
The group said in a press release that this represents a 17.2 percent increase compared to the previous year. Adjusted EBIT for the 2025 financial year was €105.1 million.
“The result achieved last year supports us on our path towards a stronger independent company,” said Casimir Lindholm, CEO of Meyer Turku. “The successful delivery of the Star of the Seas, our confirmed orders, options and the framework agreement with Royal Caribbean extending through 2036, provide a solid basis for future planning.”
“In the coming years, our goal is to achieve stable financial performance and to make significant investments in the shipyard to strengthen our competitiveness,” added Lindholm.
According to the group, three vessels are under construction simultaneously at the Meyer Turku shipyard and are at different stages of completion. One completed cruise ship is delivered to the customer each year.
The third vessel in the Icon class, the Legend of the Seas, will be completed in the coming summer.
Construction is also currently underway on the fourth vessel in the series, the Hero of the Seas, which will be delivered in summer 2027, as well as the fifth vessel of the series, which has not yet been named and is scheduled for delivery in 2028.
Meyer Turku also holds options for the sixth and seventh vessels in the series.
The press release added that a framework agreement with Royal Caribbean secures the shipyard’s order book through 2036.
In July 2025, Meyer Turku completed the Star of the Seas, the second vessel in the Icon class. In summer 2024, the Mein Schiff 7 was delivered and was the first vessel built at the Turku shipyard to be methanol ready.
Image: The Legend of the Seas at the Meyer Turku shipyard; credit to Meyer Turku