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Norwegian Fourth Quarter Results 2009

Press Release   •   Feb 11, 2010 07:23 GMT

  • Fourth quarter revenue up by 8 % to MNOK 1,749.8 (1,614.7).

 

  • Earnings before depreciation and leasing (EBITDAR) in the fourth quarter were MNOK 204.5    (-45.0)

 

  • Earnings before depreciation (EBITDA) in the fourth quarter were MNOK 50.3 (-168.8).

 

  • Net result after tax in fourth quarter was MNOK 0.8 (-137.5).

 

  • Ancillary revenue pr passenger up 21 % in the fourth quarter.  

 

  • The number of passengers in the fourth quarter was 2.8 mill (+26%).

 

  • Unit cost was NOK 0.50 in the fourth quarter compared to NOK 0.64 in the fourth quarter last year. Unit cost excluding fuel was NOK 0.40 in the fourth quarter compared to NOK 0.43 in the fourth quarter last year.

 

  • Cash and money market deposit of MNOK 1,408 as of 31.12.09

 

  • Cash flow from operating activities in fourth quarter MNOK 352.7 (-133.1)

Please see the full report, presentation and press release below.