SB1 Markets repeats its neutral rating and the price target of 12 Norwegian kroner for the airline Norwegian after a report that exceeded expectations.
Operating profit amounted to 2,728 million Norwegian kroner, versus consensus of 2,330 million, mainly driven by lower fuel costs and other gains.
SB1 expects to raise its EBIT forecast for 2026 by 500 million Norwegian kroner, while adjustments for 2027 are expected to be small. Pressured winter prices meanwhile pose a risk to ticket revenues.
