Costs take a chunk out of Eimskip's profit
A fishermen's strike and a fine from Iceland's Financial Supervisory Authority were factors in a reduction of Eimskip's profit in this year's first quarter. Growing expenses in freight rates and fuel also had a negative impact.
by SØREN PICO
Iceland's Eimskip exited the first quarter this year with a large increase in revenue but also with a bottom line result that has taken a major dive due to heightened costs.
Already a subscriber?Log in here
Read the whole article
Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
Get full access for you and your coworkers
Start a free company trial todayRelated articles
Eimskip fined by Iceland's Financial Supervisory Authority
For subscribers
Eimskip denied acquisition of Nor Lines
For subscribers
Eimskip ready for more acquisitions after record year
For subscribers
