Norwegian Air Shuttle ASA (LTS:0FGH)
kr 10.9875 0 (0%) Market Cap: 10.60 Bil Enterprise Value: 14.49 Bil PE Ratio: 8.25 PB Ratio: 1.50 GF Score: 63/100
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Q2 2022 Norwegian Air Shuttle ASA Earnings Call Transcript

Aug 25, 2022 / 06:30AM GMT
Release Date Price: kr9.03 (-7.58%)
Jesper M. Hatletveit
Norwegian Air Shuttle ASA - VP of IR

This is Jesper Hatletveit, and I am the VP of Investor Relations. Today's presentation will be held by our CEO, Geir Karlsen; and our CFO, Hans-Joergen Wibstad. It will be followed by a Q&A from the audience and the web. Please go ahead, Geir.

Geir Magne Karlsen
Norwegian Air Shuttle ASA - CEO

Thank you, Jesper, and welcome to you all. Good to see you. So we're going to take you through how we did in the second quarter of 2022. I have to say that, first of all, we are very pleased to announce that we have a profit of NOK 1.24 billion for the quarter, very nice that we could achieve that. That said, I think we also have to realize that the second quarter was a mixed quarter, I would say, where we had operational challenges throughout Europe. We also had it here in Norway, and I will come back to kind of more on the details of that.

We have been promising our passengers and you guys that we will try to fly whatever network we have for sale. I think we have kept that promise throughout the

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