Eimskipafelag Islands : 2017 was a year of growth for Eimskip

EBITDA forecast for the year 2018 EUR 60 to 65 million

• Revenue EUR 664.0 million, up by EUR 150.1 million or 29.2% from 2016 
  • Volume in liner services up 3.6%; Liner revenue up EUR 58.1 million or 15.3% 
  • Volume in forwarding services up by 41.2%; Forwarding revenue up EUR 91.9 million or 68.8%, of which EUR 73.2 million came from new acquisitions 
• EBITDA EUR 57.2 million, up by EUR 3.7 million or 7.0% from 2016 
• Net earnings EUR 16.8 million compared to EUR 21.9 million in 2016 
  • Mainly reflecting adverse currency exchange fluctuations of EUR 5.8 million 
• Equity ratio 53.2% and net debt EUR 102.8 million at year-end 
• The Board proposes a dividend payment of ISK 6.80 per share, a total of about EUR 10.2 million

Read more for Consolidated Financial Statements 2017