2018 Consolidated Annual Statement
Key numbers and highlights
- Earnings per share increased by 40% and were 0.76
- Gross profit amounted to ISK 7,809 million in 2018 and increased by 8.7% from the previous year. The gross profit of Q4 rose by 14.3% and amounted to ISK 1,844 million.
- EBITDA amounted to ISK 3,261 million and rose by 24.6% from 2017. Q4 EBITDA amounted to ISK 360 million and was 38.1% higher than in Q4 2017.
- One-off operational profits amounted to ISK 103 million in 2018.
- EBITDA margin was 41.8% compared to 36.4% in the previous year.
- The profit amounted to 1,573m ISK compared to 1,143m ISK the year before, which is a 37.6% increase.
- Return on equity was 19,0%, as compared to 15.0% in 2017.
- Equity on Dec. 31st amounted to ISK 9,004 million. The equity ratio was 36.4% at year-end.
Skeljungur estimates that the 2019 EBITDA will range from 3,000-3,200m ISK and investments will range from 800-900m ISK.
See enclosed material for further information.