Eimskip: Information regarding Q3 results
13 Octubre 2022 - 12:05PM
Eimskip: Information regarding Q3 results
According to management accounts for July,
August and September, which is now available, EBITDA in the third
quarter of 2022 will be considerably higher than in the same
quarter in the previous year.
It is estimated that EBITDA in the third quarter
will be in the range of EUR 48.6 – 50.1 million compared to EUR
36.8 million for the same quarter 2022. EBIT in the quarter is
estimated in the range of EUR 32.8 – 34.3 million compared to
adjusted EBIT of EUR 23.8 million for the same period 2022.
The main reasons for the increase in EBITDA are
good financial results of the Company’s International Operations
coupled with good utilization of the Company’s sailing system
driven by strong demand for Trans-Atlantic services, continued good
levels of import to Iceland, and exports from Iceland that picked
up in the latter half of the quarter, as was expected.
Eimskip is still preparing financial results for
Q3 2022 and the results are subject to change during that process
and until the work on financial closing is completed.
The Company will publish its Q3 2022 results
after market closing on Thursday 3 November 2022.
For further information please contact Edda Rut
Björnsdóttir, Executive Vice President of Human Resources &
Communications via phone (+354) 825-3399 or
investors@eimskip.is.
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