Color Line 2019 1H financial results
sep 02 2019
FinanceColor Line has released its 2019 1H financial results, showing a slight increase of NOK 32 million in revenue to NOK 2,278 million, while EBIT fell from NOK 108 million to NOK -8 million. This fall was due to increased bunker costs, weaker currency, increased operating costs and start-up costs related to COLOR CARRIER and COLOR HYBRID, and also payment of a legal settlement with Nye Kystlink.
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