Brief: Eimskipafelag Islands Q4 EBITDA Up At EUR 11.2 Mln

Eimskipafelag Islands hf

05/03/2020 12:32

March 5 (Reuters) - Eimskipafelag Islands hf  EIMS.IC :
    * Q4 REVENUE AMOUNTED TO EUR 175.5 MILLION, A DECREASE OF
EUR 3.3
MILLION OR 1.8% WHEN COMPARED WITH THE SAME QUARTER IN 2018
    * Q4 EBITDA AMOUNTED TO EUR 11.2 MILLION IN THE FOURTH
QUARTER
2019 OR EUR 7.9 MILLION (EXCLUDING IFRS 16) COMPARED TO EUR 9.4
MILLION IN THE SAME QUARTER LAST YEAR.
    * Q4 NET LOSS IN Q4 AMOUNTED TO EUR 6.4 MILLION, COMPARED TO
1.9
MILLION IN THE SAME QUARTER LAST YEAR, A DECREASE OF EUR 4.5
MILLION.
    * EBITDA GUIDANCE FOR 2020 IN THE RANGE OF EUR 51-58 MILLION
    * WILL PROPOSE TO REDUCE SHARE CAPITAL EQUALING DISTRIBUTION
TO
SHAREHOLDERS AMOUNTING TO ABOUT EUR 12.5 MILLION IN PAYOUT

Source text for Eikon:  ID:nNDLbbFSGR 
Further company coverage:  EIMS.IC 

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