The shipping company Gotlandsbolaget, listed on First North, increased its turnover in the fourth quarter and its net profit was strengthened by capital gains. The dividend is proposed to remain unchanged.
Sales rose 0.6 percent to SEK 523.6 million (520.7).
Operating profit was SEK 357.6 million (-73.1), with an operating margin of 68.3 percent. Capital gains on sales of product tankers amounted to SEK 519.5 million (0.0).
Adjusted operating profit was SEK -161.9 million (-73.1). Adjusted EBITDA profit amounted to SEK -71.7 million (25.3).
The profit after tax was SEK 265.5 million (-108.7).
A dividend of SEK 8.20 per share (8.20) is proposed.
The result is negatively affected by increased fuel costs.
”"Despite the losses in 2022, Gotlandsbolaget has a strong financial position and with it a good ability to invest in the operations and make the major investments required to enable climate-neutral Gotland traffic, invest in energy infrastructure and develop new attractive reasons to visit," writes CEO Håkan Johansson in the report.
The Gotlandsbolaget manager also addresses the reported increases in ticket prices. In a comment, he writes that any lower fuel prices will be reflected in the ticket prices.
”We work long-term and have high ambitions with an expansive strategy and sound finances,” Johansson continues.
He also writes that the company looks forward to the Swedish Transport Administration distributing the procurement documents for Gotland Transport during the next concession period.
Source: FinWire-DI.SE
