Norwegian Air to Pay First
Photo: Ole Berg-Rusten/NTB Scanpix/TT

Norwegian Air to Pay First Dividend After Strong Q2 Profit

The Norwegian airline Norwegian improved the result during the second quarter and reports a profit of 1.1 billion Norwegian kronor, equivalent to 1 billion Swedish kronor.

For the first time in Norwegian's 23-year history, the company will pay out a dividend to shareholders of 0.9 Norwegian kronor per share. The payment will be made in August.

The operating result amounted to 1.25 billion Norwegian kronor and the company had an operating margin of 12.2 percent, which is the second highest operating result and operating margin so far for the company.

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AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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