Market value of FL Group rises substantially Skip to content

Market value of FL Group rises substantially

The market value of FL Group, parent company of Icelandair, is now 50 percent higher than what it was six weeks ago.

The current market value of the company is ISK 180 billion (USD 2.6 billion) and has risen by ISK 60 billion since mid-August. RÚV online reports.

The company’s six-month financial statements, published in mid-August, showed good performance by the company, and a considerable improvement over the same time the previous year. The share price at that time was at ISK 15.30 but is now ISK 22.70 (USD 0.33).

Speculation as to the possible sale of Icelandair has been ongoing over the past few days, but so far there has been no formal announcement from the company.

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