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An update from Norwegian Air Shuttle ASA ( (GB:0FGH) ) is now available.
Norwegian Air Shuttle ASA reported a record-breaking second quarter with a profit before tax exceeding NOK 1 billion and an operating margin of 12.2%, marking it as the second-highest in the company’s history. The airline’s liquidity increased significantly, bolstered by strong operational cash flow and financing of previously acquired aircraft. For the first time, the company will pay a dividend of NOK 0.90 per share, reflecting its robust financial health. Passenger numbers for both Norwegian and Widerøe increased compared to the previous year, with a notable rise in load factors. The company also reported encouraging booking trends for the upcoming months, supported by strategic fleet acquisitions, indicating positive prospects for the second half of 2025.
The most recent analyst rating on (GB:0FGH) stock is a Buy with a NOK15.25 price target. To see the full list of analyst forecasts on Norwegian Air Shuttle ASA stock, see the GB:0FGH Stock Forecast page.
More about Norwegian Air Shuttle ASA
Norwegian Air Shuttle ASA is a prominent European airline known for its focus on providing affordable air travel options. The company operates primarily in the aviation industry, offering passenger flights across various destinations in Europe. Norwegian Air Shuttle has a significant market presence and is recognized for its punctual service and operational efficiency.
Average Trading Volume: 10,329,038
Current Market Cap: NOK15.9B
See more data about 0FGH stock on TipRanks’ Stock Analysis page.