Brief: Viking Line Q2 Operating Result Swings To Profit Of EUR 12.2 Mln

Viking Line Abp

26/08/2021 08:03

Aug 26 (Reuters) - Viking Line Abp  VIK1V.HE :
    * VIKING LINE ABP: HALF-YEAR FINANCIAL REPORT JANUARY-JUNE
2021
    * CHANGED EARNINGS OUTLOOK
    * Q2 SALES AMOUNTED TO EUR 46.9 M (EUR 22.6 M).
    * OUTLOOK FOR FINANCIAL YEAR 2021 IS BETTER THAN OUTCOME FOR
2020
    * Q2 OPERATING INCOME TOTALLED EUR 12.2 M (EUR -5.9 M)
    * IMPROVED DEMAND STARTING LATE IN Q2 OF 2021 TOGETHER WITH
ONE-OFF ITEMS IN FORM OF SALE OF MARIELLA AND ANTICIPATED
REDEMPTION OF VIKING LINE'S TERMINAL BUILDINGS INCLUDING
FIXTURES AND FITTINGS WITH CITY OF TURKU WILL BOOST INCOME
    * ON WHOLE BOARD OF DIRECTORS BELIEVES OPERATING INCOME WILL
BE
POSITIVE.
    * THERE IS STILL UNCERTAINTY ABOUT HOW AUTHORITY
REQUIREMENTS,
STATE AID, IMPACT OF VACCINATION PROGRAMMES AND RELATED
RESTRICTIONS ON PASSENGER TRAFFIC AS WELL AS MARKET DEMAND

Source text for Eikon:  ID:nWkr5rHNT9 
Further company coverage:  VIK1V.HE 

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