Finance
Norwegian Air beats expectations, to pay first dividend
Published by Global Banking & Finance Review®
Posted on July 11, 2025
1 min readLast updated: January 23, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on July 11, 2025
1 min readLast updated: January 23, 2026
Norwegian Air reports a significant earnings beat and announces its first dividend, marking a milestone in its financial performance.
(Reuters) -Budget airline Norwegian Air reported second-quarter earnings above market expectations on Friday and said it would pay out a dividend for the first time.
Norwegian posted an operating profit (EBIT) of 1.25 billion Norwegian crowns ($123.84 million) for the quarter, beating a company-compiled consensus of 1.04 billion crowns.
The airline also said it would pay out a dividend of 0.90 crowns per share for the first time.
"The operating profit and margin are the second highest we have ever had in this quarter, and the passenger numbers and load factor are the highest in a second quarter since 2019," CEO Geir Karlsen said in the statement.
(Reporting by Agnieszka Olenska and Vera Dvorakova in Gdansk; Editing by Matt Scuffham)
Norwegian Air reported an operating profit of 1.25 billion Norwegian crowns, exceeding market expectations.
The airline announced it would pay a dividend of 0.90 crowns per share for the first time.
The operating profit and margin are the second highest for this quarter, while passenger numbers and load factor are the highest since 2019.
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