Fjord 1 Q4 Report: Business As Usual
Fjord 1 saw in Q4 an 11 % revenue growth due to start-up of new contracts in the ferry segment.
The company completed several additional dockings of its ferries, more than in 2017.
Fjord 1 saw a lower contribution from the tourist segment and associates.
- +11% Revenue 772.1 MNOK (692.9)
- -7% EBITDA 219.1 MNOK (234.3)
- -23% EBIT 133.5 MNOK (173.4)
- -13% Net Profit 117.5 MNOK (135.0)
Several new ferries have been delivered. Fjord 1 is continuing to invest in new eco-friendly ships and new contracts.