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BRIEF-Viking Line Q4 operating result turns to loss of EUR 1.1 million
February 16, 2017 / 7:30 AM / 8 months ago

BRIEF-Viking Line Q4 operating result turns to loss of EUR 1.1 million

Feb 16 (Reuters) - Viking Line Abp:

* Q4 sales 122.3 million euros versus 127.4 million euros year ago

* Q4 operating loss 1.1 million euros versus profit 3.9 million euros year ago

* Bunker prices are expected to be higher than in 2016, which should have an adverse effect on consolidated income in 2017

* Assessment is that operating income will be higher overall in 2017 than in 2016

* Says there will be fewer planned dry-docking and servicing days, which is expected to have positive effect on earnings in 2017

* Proposes dividend of 0.40 euros per share shall be paid Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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