Norwegian Air Shuttle New (NWARF) Q3 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:03.656 Good morning and welcome to the third quarter presentation for the Norwegian Group. 00:00:03.656 -- 00:00:08.283 My name is Jesper Hattleteit and I am the VP of Investor Relations here at Norwegian. 00:00:08.283 -- 00:00:13.591 Today's presentation will be held by our CEO, Geir Karlsson, and our CFO, Hans-Jürgen 00:00:13.591 -- 00:00:14.993 Wibstad. 00:00:14.993 -- 00:00:18.859 The presentation will be followed by a Q&A from the audience and the web. 00:00:18.859 -- 00:00:20.942 Please go ahead, Geir. 00:00:20.942 -- 00:00:22.664 Thank you very much, Jesper. 00:00:22.664 -- 00:00:25.408 Good morning to all of you. Good to see you. 00:00:25.408 -- 00:00:29.073 Also good morning to you listening in. 00:00:29.073 -- 00:00:31.156 on line. 00:00:31.156 -- 00:00:33.700 Let's start with some highlights for the quarter. 00:00:33.700 -- 00:00:39.269 The third quarter ended as a good quarter for the group, both for Norwegian 00:00:39.269 -- 00:00:42.611 and for Vidarø. 00:00:43.276 -- 00:00:47.018 We ended the quarter with an EBT of 2.891 00:00:48.624 -- 00:00:52.487 billion, the EBIT of 3.071 00:00:52.751 -- 00:00:55.634 billion for the group divided on Norwegian. 00:00:55.634 -- 00:00:58.177 with an EBIT of 2.797 00:00:58.177 -- 00:01:05.042 billion, and Videre also contributing very well during the quarter with an EBIT of 274 00:01:05.705 -- 00:01:09.310 million. This is a significant improvement 00:01:09.310 -- 00:01:14.555 compared to the same quarter last year, where we this year ended with a margin 00:01:14.555 -- 00:01:17.156 of 25.1% versus 00:01:17.198 -- 00:01:22.605 18.4% last year. It's an historic high quarterly EBT 00:01:22.605 -- 00:01:28.301 and EBIT for the group. Also, unit cost excluding fuel, 00:01:28.301 -- 00:01:33.408...