Viking Line: a half-year that exceeds expectation

By | 2023 Newsletter week 34 | No Comments

Q2, 2023

  • Sales amounted to EUR 132.4 million (EUR 141.0 million)
  • Other operating revenue was EUR 0.1 million (EUR 2.4 million)
  • Operating income totalled EUR 18.0 million (EUR 10.1 million)
  • Net financial items were EUR -4.4 million (EUR -2.5 million)
  • Income before taxes totalled EUR 13.6 million (EUR 7.6 million)
  • Income after taxes totalled EUR 10.6 M (EUR 6.3 million).

H1, 2023

  • Sales amounted to EUR 226.3 million (EUR 199.8 million)
  • Other operating revenue was EUR 8.9 million (EUR 8.3 million)
  • Operating income totalled EUR 17.1 million (EUR -8.0 million)
  • Net financial items were EUR -7.9 million (-4.7 million)
  • Income before taxes totalled EUR 9.2 million (EUR -12.7 million)
  • Income after taxes totalled EUR 6.9 million (EUR -9.8 million)

Outlook for the full financial year 2023

The Board of Directors has decided to revise its earnings outlook for 2023. Provided that energy prices remain at current levels, Viking Line’s Board of Directors believes that income before taxes will be significantly better than last year.

On June 21, 2023, the outlook was:

Provided that energy prices remain at current levels, Viking Line’s Board of Directors believes that income before taxes will be better than last year.

New CEO for Fjord Line

By | 2021 Newsletter week 1 | No Comments

The Board of Directors has appointed Brian Thorsted Hansen (53) as the new CEO of Fjord Line.

Thorsted Hansen has extensive business experience and has for the past 14 years worked at DFDS, formerly serving as Vice President and Head of Business Unit Group Passenger.