Norwegian Air Shuttle ASA (OSL:NAS)
kr 11.5 -0.085 (-0.73%) Market Cap: 11.08 Bil Enterprise Value: 15.49 Bil PE Ratio: 8.40 PB Ratio: 1.94 GF Score: 74/100

Q2 2024 Norwegian Air Shuttle ASA Earnings Call Transcript

Jul 12, 2024 / 06:30AM GMT
Release Date Price: kr11.39 (+7.76%)
Jesper Hatletveit
Norwegian Air Shuttle ASA - VP Investor Relations

Good morning, and welcome to the second-quarter 2024 presentation for the Norwegian Group. My name is Jesper Hatletveit, and I am the VP of Investor Relations here at Norwegian Group. Today's presentation will be held by our CEO, Geir Karlsen; and our CFO, Hans-Jørgen Wibstad. It will be followed by Q&A from the audience and the web.

Please go ahead, Geir.

Geir Karlsen
Norwegian Air Shuttle ASA - Chief Executive Officer

Thank you. Welcome, everybody. It seems like it's a quiet Oslo Sentrum in the morning on a Friday in July. But I know that some are following this online, so let's head on.

The second quarter ended with earnings before tax of NOK477 million; EBIT, NOK593 million, split on NOK391 million on Norwegian and NOK202 million on Widerøe. We are continuing to strengthen the liquidity position, and we have set aside, as we all know, NOK823 million in dividend fund that we hope to pay out to our dear shareholders as soon as possible.

It is a fight

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