The Norwegian Group reported record strong figures during the second quarter, with a profit before tax (EBT) of above NOK 1 billion. Operational performance remained stellar, with Norwegian among the top European airlines on punctuality. In addition, the company announced that it will pay a dividend for the first time in its history, of NOK 0.90 per share, to be paid in August.
During the second quarter, the Norwegian Group recorded an operating profit (EBIT) of NOK 1,250 million and an operating margin of 12.2 percent, the second highest second-quarter result in the company’s history. The liquidity position increased to NOK 13.8 billion, up NOK 3.4 billion from the previous quarter, positively impacted by strong operational cash flow and the completed financing of ten previously acquired aircraft.
