Norwegian posts slight fourth-quarter operating profit

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Norwegian posts slight fourth-quarter operating profit
Photo: Ole Berg-Rusten NTB/TT

Operating income for the quarter, including subsidiary Widerøe, rose to SEK 8.5 billion from SEK 8.2 billion a year earlier.

The result was slightly lower than analysts had expected, while revenue beat expectations, according to Bloomberg.

Norwegian's board of directors proposes a dividend of 80 Norwegian kroner per share, which would give shareholders a total of 844 million kroner.

The full-year result - an operating profit of 3.7 billion Norwegian kroner - is the best in Norwegian's history, according to CEO Geir Karlsen.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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