Eimskip revenue soars, earnings slip
Eimskip’s acquisition efforts were set back in April when Norwegian regulators blocked a deal with Nor Lines.
Eimskip’s earnings soared more than 37 percent year over year in the second quarter, driven by acquisitions, but adverse currency movements slashed the Icelandic shipping and logistics group’s earnings.
Revenue rose to 173.1 million euros…
Eimskip revenue soars, earnings slip
Journal of Commerce