Norwegian Air Shuttle ASA Reports Strong Q2 Results and Announces Dividend
Norwegian Air Shuttle ASA, a leading passenger airline operating both nationally and internationally, has reported a robust second quarter, surpassing market expectations. The company announced an operational profit (EBIT) of 1.25 billion Norwegian Kroner (NOK), exceeding analysts’ average forecasts of 1.04 billion NOK. This performance marks a significant milestone for the airline, which plans to declare its first-ever dividend, reflecting its strong financial health.
The company’s decision to distribute dividends follows a successful quarter, as highlighted by multiple sources. According to a report from Der Aktionär, Norwegian’s Q2 results were notably strong, with the airline achieving a profit that exceeded market expectations. This financial success has led to a positive reaction in the stock market, with the company’s shares experiencing an uptick.
In addition to its financial achievements, Norwegian Air Shuttle has made strategic moves to expand its fleet. On July 8, the airline announced the purchase of three Boeing 737-800 aircraft, previously leased to the company. This acquisition is part of Norwegian’s ongoing efforts to enhance its operational capacity and service offerings.
Despite the positive news from Norwegian, European shares faced a downturn on July 11, as reported by FinanzNachrichten. The decline was attributed to renewed tariff concerns following U.S. President Donald Trump’s announcement of a 35% tariff on Canadian imports, effective August 1. This move, part of a broader trade conflict, has raised concerns about potential impacts on global trade and investment sentiment.
Norwegian Air Shuttle ASA, headquartered in Baerum, Norway, continues to operate a diverse fleet of 195 owned and leased aircraft, serving approximately 500 routes to 150 destinations worldwide. The company’s strategic initiatives and strong financial performance position it well for future growth in the competitive airline industry.
As of July 9, 2025, Norwegian’s stock closed at 15.68 NOK, with a 52-week high of 15.7 NOK and a low of 9.702 NOK on October 27, 2024. The company’s market capitalization stands at 15.4 billion NOK, with a price-to-earnings ratio of 12.33. Norwegian’s commitment to innovation and customer service remains central to its business strategy as it navigates the evolving aviation landscape.