In its revised earnings forecast for the 2017 financial year, Viking Line’s assessment is that operating income for 2017 will decline, compared to operating income for 2016.
The reasons are:
- Pressure on passenger prices and volumes because of the competition.
- Higher bunker prices.
- The expected revision in Finland’s restitution law for 2017 has been delayed, and it is uncertain whether this can be carried out so that it will affect consolidated earnings for 2017.