This appears in the company’s earnings report for the fourth quarter, which was published on Friday. – I am happy to be able to say that in 2023 Norwegian achieved the company’s highest ever operating profit, says CEO Geir Karlsen in a press release. Norwegian also did abnormally well in the fourth quarter of 2023 with a profit before tax of NOK 208 million, compared to minus NOK 80 million in the same period last year. This despite the fact that the airline usually loses money during the winter season. Through October, November and December last year, Norwegian had 4.7 million passengers, up from 4.6 million passengers in the same period in 2022. Lower fuel prices The positive result is due, among other things, to stronger demand in November and December than expected, a settlement in a patent conflict with Bank Norwegian and compensation related to delays in aircraft delivery. Lower fuel prices and exchange rates also had a positive effect on Norwegian’s result. The company believes earnings will continue to increase into 2024 and envisages an operating profit of between NOK 2.5 and 3.2 billion this year, an increase of between 12 and 44 percent from last year, according to E24. CEO Geir Karlsen in Norwegian Photo: Frederik Ringnes / NTB Million dividend Norwegian plans a dividend to shareholders of NOK 0.60 per share for 2023. This corresponds to a total of NOK 820 million. Payment of dividends requires approval from the company’s lenders. If it is not approved, the board proposes to set aside the dividend amount in a fund for later payment. In January, Norwegian completed the billion acquisition of the airline Widerøe, and they are now in the process of including Widerøe in the Norwegian group.
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Norwegian has delivered its best operating result ever – news Norge – Overview of news from various parts of the country
