Brief: Viking Line Q4 operating result turns to loss of EUR 1.1 million

Viking Line Abp

16/02/2017 07:00

Feb 16 (Reuters) - Viking Line Abp  VIK1V.HE : 
    * Q4 sales 122.3 million euros versus 127.4 million euros year ago 
    * Q4 operating loss 1.1 million euros versus profit 3.9 million euros year ago 
    * Bunker prices are expected to be higher than in 2016, which should have an adverse effect 
on consolidated income in 2017 
    * Assessment is that operating income will be higher overall in 2017 than in 2016 
    * Says there will be fewer planned dry-docking and servicing days, which is expected to have 
positive effect on earnings in 2017 
    * Proposes dividend of 0.40 euros per share shall be paid 
 
Source text for Eikon:  ID:nHSU6LM5  
Further company coverage:  VIK1V.HE  
 
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