Viking Line - Inside information

Viking Line Abp: Revised earnings forecast for the 2017 financial year

Viking Line Abp        INSIDE INFORMATION         8.9.2017, 4.10 PM

Revised earnings forecast for the 2017 financial year 

Competition in Viking Line’s service area entails continued pressure on prices and volumes. Bunker prices are expected to be higher than in 2016, which will have an adverse effect on consolidated income. A revision in Finland’s restitution law for 2017 is expected to have a positive effect on consolidated income. Overall, taking into account the results for peak season 2017, operating income for 2017 is expected to be on a par with operating income for 2016. The Board of Director's previous view was that operating income would improve compared to operating income for 2016.


Viking Line Abp



Jan Hanses
President and CEO

 

         CEO Jan Hanses, jan.hanses@vikingline.com, +358-18-27000