EIMSKIP: Operating results for Q1 2021 May 11, 2021 11:31 ET | Source: Eimskipafelag Islands hf. Eimskipafelag Islands hf. HIGHLIGHTS OF Q1 RESULTS Overall good performance in Q1 with increased profitability in container liner and positive results for the forwarding segments despite challenging environment which is colored by disruption in the global shipping markets affecting capacity and availability of equipment. Revenues amounted to EUR 180.2 million, an increase of EUR 18.6 million or 11.5% when compared with Q1 2020. Positive contribution from revenue management program and substantial 3 rd party rate increases in global markets drove up forwarding revenues as well. Total expenses amounted to EUR 163.9 million, an increase of EUR 11.6 million or 7.6%.