4 July 2024 at 09:07 Norwegian falls on the stock exchange after profit announcement In April, Norwegian estimated an operating profit of NOK 2.5 to 3.2 billion for 2024, in addition to any profits from Widerøe. On Thursday, the group estimates a lower result of between NOK 2.1 to 2.6 billion – this time including the results from Widerøe. This means that Norweigan has fallen by more than 16 per cent on Oslo Børs since opening on Thursday. The reasons for the change in expected results are stated to be lower traffic in the second quarter, a higher than expected salary settlement for pilots, delays in aircraft deliveries from Boeing, and a low krone exchange rate. Norwegian also expects fuel prices to rise.
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Norwegian falls on the stock exchange after earnings announcement – Latest news – news
