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Interim result Q1 2013: Operating profit from Hurtigruten Norwegian coast in the first quarter for the first time
5/14/2013 2:29 AM EST
Highlights of the first quarter
· EBITDA improved by NOK 64 million from the first
quarter of 2012 (from a loss of NOK 34 million to a
profit of NOK 30 million)
· Operating profit from Hurtigruten Norwegian coast
for the first time since the merger in 2006
· Pre-tax loss reduced by NOK 39 million from the
same period of 2012Solid progress in port-to-port
cruise nights, up 25.3 per cent
· Total cruise nights for Hurtigruten Norwegian coast
down by 1.7 per cent
o round-trip cruise nights down by 14.6 per cent
· Net income per cruise night increased by 13.6 per
cent
· Improved operations in Spitsbergen
· Phases one and two of the efficiency improvement
programme completed
o change of business address from Narvik to Tromsø
formally resolved on
17 April 2013
Improved regularity and focus on shorter trips pay off
The main commitments during the winter were on local
traffic in Norway and on Northern Lights tourism,
particularly from the British market. This proved a
success, with the...
Invitation to presentation of 1st quarter 2013 financials
5/7/2013 4:26 AM EST
Hurtigruten ASA will present its first quarter 2013
financials, Tuesday 14 May 2013. The presentation
will be given at Hurtigruten's office in Tromsø,
Kirkegata 1, second floor in...
Changes in financial calendar
4/23/2013 8:01 AM EST
Hurtigruten ASA changes the previously announced date for the first quarter 2013 financials from 15 May to 14 May 2013.
Final financial statement 2012
3/20/2013 10:38 AM EST
The Board of Hurtigruten ASA has approved Hurtigruten
ASA`s consolidated financial statements and financial
statements for Hurtigruten ASA for 2012. Preliminary
figures for 2012...
Interim result Q4 2012 and prelimenary annual accounts for 2012: Q4 with growth in volume and improved normalised EBITDA
2/13/2013 2:29 AM EST
Hurtigruten managed to increase passenger revenue in
the fourth quarter of 2012, while at the same time
keeping costs under control. This has resulted in an
improvement in...
Invitation to presentation of 4th quarter financials and prelimenary results for 2012
2/7/2013 2:40 AM EST
Hurtigruten ASA will present its fourth quarter and
preliminary full year results for 2012, Wednesday 13
February 2013.
The presentation will be given at Hurtigruten's
office in...
Hurtigruten to reorganise - expected savings of more than NOK 60 million
1/28/2013 2:59 AM EST
Hurtigruten is reorganising and streamlining its
corporate and Sales Nordic operations. Annual savings
of more than NOK 60 million is expected, with full
effect from 2014.
The...
Bondholders' meeting held - waiver granted
1/15/2013 9:02 AM EST
Reference is made to the summons to bondholders'
meeting in Hurtigruten ASA's bonds issue HRG01 (ISIN
NO 001 063813.3) dated 27 December 2012 and the
addenda to the summons dated...
Second addendum to summons to bondholders' meeting
1/14/2013 9:04 AM EST
Reference is made to the summons to bondholders'
meeting in Hurtigruten ASA's bonds issue HRG01 (ISIN
NO 001 063813.3) dated 27 December 2012 and the
addendum to the summons dated...
Addendum to summons to bondholders' meeting
1/9/2013 4:21 AM EST
Reference is made to the summons to bondholders'
meeting in Hurtigruten ASA's bonds issue HRG01 (ISIN
NO 001 063813.3) dated 27 December 2012. After the
summons was sent to the...
Summons to bondholders' meeting
12/27/2012 6:00 AM EST
The bond agreement for Hurtigruten ASA's bonds issue
HRG01 (ISIN NO 001 063813.3) contains certain
financial covenants, including a leverage covenant
requiring that the ratio of...
Financial calendar 2013
12/21/2012 7:11 AM EST
Publication dates for presentation of quarterly
results, annual results and Annual general meeting in
Hurtigruten ASA in 2013 are as follows:
13 February 2013: 4th quarter...
Mediation in the charter arbitration case
12/21/2012 2:55 AM EST
Hurtigruten's Australian subsidiary Hurtigruten Pty
Ltd filed an arbitration case early in 2012 against
the other contracting party for outstanding claims.
The outstanding claims...
Hurtigruten streamlines and establish lean corporate centre in Tromsø
12/6/2012 2:59 AM EST
Hurtigruten has the potential to improve its
profitability significantly. The company is
experiencing a challenging market, particularly as a
result of the international...
Stock option agreement with the CEO
11/8/2012 2:55 AM EST
Hurtigruten ASA has entered into a stock option
agreement with the company's CEO Daniel Skjeldam
(option holder) which gives a right to acquire up to
3 000 000 shares. The option...
Interim report Q3 2012: Profit for Hurtigruten of NOK 189 million before provision (ESA case)
11/8/2012 2:29 AM EST
Third quarter results ended with a profit of NOK 189
million. Due to the principle of prudence, a
provision totalling NOK 108 million has been set
aside on the contractual...
Invitation to presentation of 3rd quarter 2012 financials
11/1/2012 4:52 AM EST
Hurtigruten ASA will present its third quarter 2012
financial results Thursday, 8 November 2012.
The presentation will be given at Hurtigruten's
office in Tromsø with videolink...
The EFTA Court has upheld the ESA's decision against the state regarding unlawful state aid for Hurtigruten ASA: The company will now analyse the judgement and assess the next steps
10/8/2012 5:54 AM EST
In 2008, the Norwegian Ministry of Transport and
Communications and Hurtigruten ASA entered into an
agreement regarding supplementary compensation under
the former coastal service...
Interim report Q2 2012:
8/23/2012 2:29 AM EST
· Pre-tax profit of NOK 134 million for the
second quarter, up NOK 33 million from the same
period of 2011
o sharp increase in prices for both round-trip
and port-to-port...
Invitation to presentation of 2nd quarter and first half of 2012 financials
8/15/2012 7:21 AM EST
Hurtigruten ASA will present its second quarter and
first half of 2012 financial results Thursday, 23
August 2012
The presentation will be given at Hurtigruten's
office in Tromsø...
Daniel Skjeldam has been appointed CEO of Hurtigruten
5/31/2012 5:31 AM EST
Daniel Skjeldam has been appointed CEO of Hurtigruten
ASA. He is presently commercial director of Norwegian
Air Shuttle ASA, where he has been employed since
2002.
Mr. Skjeldam...
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