September 14, 2017

Viking Line says in its stock market announcements that operating profit for 2017 is expected to be lower than the year before, which is different to what the board assessed previously.

Reasons are:

  • Pressure on prices as well as volumes, because of competition.
  • Higher bunker prices expected.

Remark:

  • A correction of Finland’s refund legislation for 2017 is expected to have a positive impact on the Group’s earnings.