Regulatory News:
· Total income, Q3: SEK 209.7 (104.0) million 9 months: SEK 592.4
(405.4) million
· Result before tax, Q3: SEK 52.4 (–23.0) million 9 months: SEK 124.5
(29.2) million
· EBITDA, Q3: SEK 108.0 (22.3) million 9 months: SEK 289.7 (160.5)
million
· Result per share after tax, Q3: SEK 1.10 (–0.57) 9 months: SEK 2.61
(0.53)
· The market exceeded expectations
· Renewed contract with a large international oil and gas company. The
contract is being extended by twelve months for two vessels and also
includes an additional vessel for six months.
After the end of the reporting period
· On 15 October, the Company took delivery of the IMOIIMAX vessel Stena
Important. This means that the two IMOIIMAX tankers that were on order
have now been delivered.
Key ratios
· Total income, SEK million 592.4 (405.4)
· EBITDA, SEK million 289.7 (160.5)
· EBITDA, USD million 34.4 (24.0)
· Operating result, SEK million 152.0 (54.2)
· Result after tax, SEK million 124.5 (25.3)
· Equity ratio, % 43 (43)
· Growth in equity, from prev. quarter, % 10 (14)
· Return on equity, % 6 (0)
· Available liquid funds, including unutilised credit facilities, SEK
million 362.5 (358.3)
· Result per share after tax, SEK 2.61 (0.53)
· Equity per share, SEK 38.27 (30.9)
Distribution Our quarterly reports are no longer being printed for
environmental reasons, but are only published digitally. Concordia
Maritime's interim reports as well as additional financial information
about the Company can be read or downloaded at our website www.concordiamaritime.com/en/investor-relations
Concordia Maritime (STO:CCORB) is an international tanker shipping
company. Our focus is on cost-effective and safe transportation of
refined petroleum products and vegetable oils. The company’s B shares
were admitted to trading on Nasdaq OMX Stockholm in 1984. www.concordiamaritime.com
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Copyright Business Wire 2015
Source: Business Wire
(November 11, 2015 - 8:49 AM EST)
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