Independent journal on economy and transport policy
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Finnlines nozzle a profit warning for the first trimester
Attended a profit before taxes negative. Perspectives of increase of the results in the entire 2011
April 7, 2011
The society of Finnish navigation Finnlines of the Neapolitan shipowning group Grimaldi has launch a profit warning announcing that the profit before taxes of the first trimester of this year will be negative for effect of unexpected strikes of the harbour workers, of the difficulties to navigation caused by the ice in the Baltic Sea and the increase of the price of the oil.
The Board of the Scandinavian company however has specified that, "on the base of the attended developments of the market and the state of the company, the board of directors previews an increase of the results in 2011" and that therefore the perspectives for the entire year do not endure modifications although the disappointing result of the first trimester.
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