Embed Size (px)
Citation preview
✓
✓
✓
✓
✓
✓
✓
✓
✓
✓
✓
✓
✓
✓
✓
✓
1) One-off cost 174 m due to structural changes and M&A activity2) Additional one-off write down of 75 million (due to closing of Skeljungur stations)
↑ ↑
↑
↑ ↑
↓
Fuel sales
2.1661)
9671)
8001)
1) Assuming the same DKK/ISK rate as for the same period last year2) Excluding one of cost in 2017
1.9182)
1.3132)
•
•
•
•
•
•
–
–
–
+
+
Cash at start Operations InventoryReceivable and
payablesNet interest
Investing activities
Net Interest bearing loans
DividendShare buy back
Other Cash at end
CAPEX
755
1.082
956
693
2014
2015
2016
2017
Depots Trucks Gasstations Other
76 Gas stations41 Real estate
12 thousand m2
6 Depots100m liters
EquipmentLarge oil truck fleet
Other smaller equipment
• Estimated total 2018 is CAPEX 750 – 850 m.kr.
–
–
–
–
•
•
•
•
•
–
–
–
–
OrkanLeading low price fuel
provider
Discounts and loyalty system
Orkan XFixed low price
Simple and no discounts
Low priceSimple
