Investor News 2020
Attached is a major shareholder announcement from Eimskipafélag Íslands hf. on behalf of Stapi Pension Fund.
Highlights of Q2 2020 results
According to preliminary interim financial statements for Q2 2020, EBITDA will be approximately EUR 16 million compared to EUR 15.8 million in same quarter last year. Adjusted for one-off redundancy cost in the quarter, EBITDA would have been EUR 17 million or 8% higher than same quarter last year.
On 12 March the Company announced that it had received a notification from Íslandsbanki, acting as market maker for the Company's shares, activating a condition deviation clause in the Market Making Agreement under unforseen circumstances.