Norwegian Air

Outlook remains challenging but capacity slowing next year

  • Sectors : Airlines
  • Companies : Norwegian Air

Ratings and price correct at time of issue.

  • Norwegian Air

    Closing Price: 1057nok

  • RATING 01/09/15

  • PREVIOUS RATING 22/01/15

    UNDERPERFORM

DAVY VIEW

In line with the revised guide of July 4th, Norwegian is forecasting a group operating profit (EBIT) for 2024 of NOK2.1-2.6bn including Widerøe (Davy/consensus: NOK2.3bn). The latter acquisition significantly strengthens Norwegian’s market position.

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Jul 12 2024, 07:09 IST/BST

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