Oct 16 (Reuters) - Icelandair Group hf ICEAIR.IC:
SAID ON WEDNESDAY COMPANY POSTS PRELIMINARY Q3 RESULTS
Q3 EBIT APPROX. USD 74 MLN VS USD 83.5 MLN YR AGO
Q3 REVENUE INCREASED YEAR-OVER-YEAR IN LINE WITH PROJECTIONS
COSTS ABOVE PROJECTIONS DUE TO A STRONGER REAL EXCHANGE RATE OF THE ICELANDIC KRONA, WHICH RESULTS IN HIGHER SALARY COST
FY EBIT EXPECTED TO BE NEGATIVE, IN THE RANGE OF USD 10–20 MILLION
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Further company coverage: ICEAIR.IC
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