A1KBCM Eimskipafelag Islands hf

EIMSKIP: Information regarding Q1 results

EIMSKIP: Information regarding Q1 results

According to management accounts for January and February along with an estimate for March, which is now available, EBITDA for the first quarter of 2021 will be in the range of EUR 13.9 million to 14.9 million compared to EUR 9.3 million in same quarter last year. This translates into EBIT in the range of EUR 2.2 million to EUR 3.2 million, with expected depreciation in the first quarter, compared to negative EBIT of EUR 1.6 million for the same period last year.

Overall, the Company performed quite well during the quarter despite challenging market environment and last year’s streamlining measures continued to realize positively.

Even though the expected results in the first quarter are considerably above the same period last year the Company’s EBITDA Guidance for 2021 remains unaltered and is in the range of EUR 68 to 77 million. Additionally, EBITDA for the first quarter last year was below expectations as has been presented.

The results are subject to change until work on financial closing is completed.

The Company will publish its first quarter 2021 results after market closing on Tuesday 11 May.

For further information please contact Edda Rut Björnsdóttir, Executive Vice President of Human Resources & Communications via phone (+354) 825-3399 or .



EN
12/04/2021

Underlying

A1KBCMEimskipafelag Islands hf

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Eimskipafelag Islands hf

 PRESS RELEASE
Free
A1KBCM Eimskipafelag I...

Eimskip: Results of buybacks of own shares through reverse auction

Eimskip: Results of buybacks of own shares through reverse auction No offers were received in the reverse auction buyback, and therefore the company will initiate standard share buyback in accordance with the buyback program. The number of shares to be acquired under the buy-back program will be up to 2,250,000, at a total purchase price which may not exceed ISK 750,000,000. The execution of the buy-back program must comply with the Act on Public Limited Companies, No. 2/1995. In addition, the buy-back program will be implemented in accordance with Regulation (EU) No. 596/2014 on market a...

September 30, 2025 1 EN
 PRESS RELEASE
Free
A1KBCM Eimskipafelag I...

Eimskip: Niðurstaða endurkaupa með öfugu tilboðsfyrirkomulagi

Eimskip: Niðurstaða endurkaupa með öfugu tilboðsfyrirkomulagi Engin tilboð bárust í endurkaup með öfugu tilboðsfyrirkomulagi og því mun félagið hefja hefðbundin endurkaup samkvæmt endurkaupaáætlun. Endurkaupin munu að hámarki nema 2.250.000 hlutum í félaginu, þó þannig að fjárhæð endurkaupanna verði aldrei hærri en 750 milljónir króna. Framkvæmd endurkaupaáætlunarinnar verður í samræmi við lög um hlutafélög nr. 2/​1995, 5. gr. reglugerðar Evrópuþingsins og ráðsins (ESB) um markaðssvik nr. 596/2014, sem og framselda reglugerð framkvæmdastjórnarinnar 2016/1052 sem hefur að geyma tæknilega...

September 30, 2025 1 EN
 PRESS RELEASE
Free
A1KBCM Eimskipafelag I...

Eimskip: Share buy-back program initiated

Eimskip: Share buy-back program initiated At the Annual General Meeting of Eimskip on 27 March 2025, the shareholders approved to authorize the Board of Directors to buy up to 10% of issued shares in the company. The authorization is valid for a term of 18 months from the Annual General Meeting. The Board of Directors of Eimskip decided today to initiate a new share buy-back program, in accordance with the approval, with the main purpose of reducing the company’s share capital and/or to fulfil the Company’s obligations in accordance with the stock option plan of the company. The number ...

September 29, 2025 1 EN
 PRESS RELEASE
Free
A1KBCM Eimskipafelag I...

Eimskip: Tilkynning um framkvæmd nýrrar endurkaupaáætlunar

Eimskip: Tilkynning um framkvæmd nýrrar endurkaupaáætlunar Á aðalfundi Eimskipafélags Íslands hf. þann 27. mars 2025 var samþykkt að veita stjórn endurnýjaða  heimild til að eignast á næstu 18 mánuðum allt að 10% af hlutafé félagsins.Stjórn Eimskips hefur í dag á grundvelli framangreindrar heimildar tekið ákvörðun um framkvæmd nýrrar endurkaupaáætlunar um kaup á eigin bréfum að lækka útgefið hlutafé félagsins og/eða að uppfylla skuldbindingar á grundvelli félagsins. Endurkaupin munu að hámarki nema 2.250.000 hlutum í félaginu, þó þannig að fjárhæð endurkaupanna verði aldrei hærri en 750 mi...

September 29, 2025 1 EN
 PRESS RELEASE
Free
A1KBCM Eimskipafelag I...

Eimskip signs agreement for two new container vessels

Eimskip signs agreement for two new container vessels The Board of Directors of Eimskipafélag Íslands hf. has approved newbuild contracts for two 2,280 TEU container vessels and a ten-year time-charter through ElbFeeder, a German affiliate of Eimskip. The vessels are intended to provide transportation services between Reykjavík, Iceland and Rotterdam, as well as Teesport in the UK, the Company’s current Blue Line. In recent years, customer demand for transportation of fresh cargo has grown significantly, driven by increased exports of fresh seafood and farmed salmon, as well as imports of ...

September 4, 2025 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch