Landsvirkjun’s first quarter results

Solid operations in challenging weather conditions • Landsvirkjun‘s profit from core operations for the first quarter of the year amounted to USD 91 million and cash flow from operations USD 104 million. • The Company’s financial position has never been stronger, the equity ratio is 67% and the net debt to EBITDA ratio is 1.4×. • Operating revenues increased compared with the same period of the prior year after a downturn following the record year 2023. Hörður Arnarson, CEO: „Following a temporary downturn ...