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Article: Norwegian Hurtigruten Q2 '09 earnings rise despite crisis.(Financial report)
- Article from:
- ADP News Nordic
- Article date:
- August 20, 2009
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(ADPnews) - Aug 20, 2009 - Norwegian transport company Hurtigruten ASA (OSL:HRG) saw its pretax profit rise to NOK 111 million (USD 18.3m/EUR 12.9m) in the second quarter of 2009 from NOK 26 million a year earlier, despite a drop in customer numbers, the financial crisis and the swine flu.
In its interim report, released today, Hurtigruten said its second-quarter sales rose to NOK 958 million from NOK 910 million.
The group's operating profit also rose to NOK 165 million from NOK 92 million.
Due to the financial crisis, Hurtigruten registered a decline in the number of international passengers. Instead, the group focused on selling more to its ...