The popularity of our digital services continued to grow, and records were broken in data sharing – the number of visits to digital services almost tripled compared to 2023. The growth of the transport data ecosystem continued, and the Traffic Data Service Cluster was launched.
The reliability of our traffic control services remained good despite disruptions and various extreme weather phenomena that challenged the operating environment. We continuously improved the safety, smoothness and environmental friendliness of traffic with our services and supported the work of the authorities.
Key figures 2024
- Fintraffic Group’s revenue totalled EUR 253.6 (242.2) million.
- Profit before appropriations and taxes amounted to EUR 15.1 (5.4) million.
- Fintraffic investments totalled EUR 54 (45) million.
- By 2024, the company verified a cumulative efficiency improvement amounting to EUR 10 million through an increased degree of automation, more efficient traffic control services and cost-efficient procurement.
- In 2024, Fintraffic employed an average of 1,198 (1,160) people.
- A total of 6.1 (4.7) billion API calls were made to Digitraffic, Fintraffic’s open data service.
- More than 226 companies are already involved in data ecosystem work to promote the digitalisation of traffic.
Benefits of our services to society
- A total of 26 incidents were prevented in vessel traffic, 14 of which involved vessels being prevented from running aground.
- Finland is number one in Europe in rail passenger safety.
- Each year, we prevent approximately 150 road accidents that may result in personal injury.
- More than 502,000 flight minutes (EUR 50 million) are saved and less than 58,500 tonnes of CO2 emissions are generated by air traffic.
- The value created by Fintraffic for the transport data economy amounts to approximately EUR 54 million each year.
CEO Pia Julin, Fintraffic:
2024 was characterised by geopolitical instability, and our operating environment was challenged by various extreme weather phenomena and disruptions. Thanks to our skilled professionals, we were able to meet the expectations of society and provide first-rate traffic control and management services in these demanding conditions. The level of safety also remained good throughout the year across all modes of transport.
Finnish people are also more aware of Fintraffic and its services than before. The popularity of our digital services continued to grow, and records were broken in data sharing – the number of visits to digital services almost tripled compared to 2023. The Customer Experience Award 2024 we won for the Fintraffic App proves how useful the application is. Fintraffic is Finland’s most important and most popular compiler and provider of traffic data.
Promoting sustainable development is at the core of our business. We make determined efforts to improve the safety level of the entire transport system and to reduce emissions. We can influence matters by means such as optimising routes and speeds, preventing congestion and promoting the flow of information between actors, and preventing and clearing disruptions.
By making our service production more efficient, we can achieve more with every euro spent. Effective use of our customers’ funds is important to us, and that, if anything, also tells of sustainable operations. We also made progress in improving the efficiency of our operations last year.
We took major steps in our sustainability work by preparing for the implementation of the CSRD framework, by training ourselves and by integrating sustainability more closely with the development of our business operations.
For us, 2024 was not only filled with work, but also great successes and achievements. These would not have been possible without our committed personnel, partners and customers. Thank you all!"
Fintraffic’s annual report package for 2024 has been published on the company’s website at https://www.fintraffic.fi/en/year2024.
The Annual Report package includes the Report of the Board of Directors and Financial Statements, the Governance and Remuneration Report and the Annual Report itself. The corporate social responsibility report complies with the reporting standards laid down in the CSRD and is published as part of the annual report.
