Brief: Eimskipafelag Islands Slashes FY EBITDA Guidance

Eimskipafelag Islands hf

29/10/2018 06:25

Oct 29 (Reuters) - Eimskipafelag Islands hf  EIMS.IC 
    * SAID ON FRIDAY Q3  EBITDA  WILL BE 8-10 PCT LOWER COMPARED
TO
EUR 19.3 MILLION IN Q3 2017
    * THE MAIN REASONS FOR THE DECREASE IN EBITDA RELATE TO DROP
IN
VOLUMES IN NORWAY AS WELL AS BREAK-DOWNS OF REEFER VESSELS
    * IMPORT TO ICELAND HAS ALSO BEEN BELOW EXPECTATIONS
    * EBITDA GUIDANCE FOR THE YEAR IS NOW IN THE RANGE OF EUR
49-53
MILLION COMPARED WITH EUR 57-63 MILLION AS ISSUED IN MAY 2018

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nGNEbMrr4l
    
 Further company coverage:  EIMS.IC 
   


 (Gdynia Newsroom)
 ((Gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))