Due to extraordinary circumstances in the financial market in Iceland, the
board of directors of Icelandair Group has approved to publish the following
press release regarding an unaudited financial report and overview of the
Group‘s operations for the first 8 months of the year 2008.
Icelandair Group financial results for the first 8 months of 2008.
• The total turnover of the Group is ISK 72 billion, an increase of 68% from
the same time last year
• EBITDA is ISK 6,3 billion, an increase of 43% from the same time last year
• EBIT is ISK 3.9 billion, an increase of 58% from the same time last year
• EBT is ISK 2,6 billion, an increase of 169% from the same time last year
• Cash position at the end of August is ISK 6,7 billion
Further information can be found in the attached press release.
