Operating profit (EBITDA) for year 2011 was EUR 43.2 million

Thursday, March 22, 2012
Eimskip's earnings after taxes for year 2011 were EUR 13.1 million, while operating profit (EBITDA) was EUR 43.2 million. Eimskip's total assets at the end of the year were EUR 283 million, with an equity ratio of 62.3%. Interest-bearing debt totaled EUR 62 million and cash was EUR 43.5 million. The total liner transport volume of the Group increased by more than 5% between 2010 and 2011.4Q 2011EBITDA for 4Q 2011 was EUR 8.6 million, while profits after taxes were EUR 0.6 million.Gylfi Sigfússon