GÖTEBORG, Sweden, May 5, 2022 /PRNewswire/ —
Stronger product tanker market
Total income Q1:
SEK 124.1 (179.6) million
EBITDA Q1:
SEK 29.7 (–45.7) million
Result before tax Q1:
SEK –30.4 (–120.2) million
Result per share after tax Q1:
SEK –0.64 (–2.54)
Events in the first quarter
Sale of two P-MAX vessels
-P-MAX vessel Stena Polaris chartered out
Technical design study for possible container conversion launched
New long-term financial covenant terms
Events after the end of the quarter
No significant events occurred after the end of the quarter.
Key figures
Total income, SEK million: 124.1 (179.6)
EBITDA, SEK million: 29.7 (–45.7)
EBITDA, USD million: 3.2 (–5.4)
Operating result, SEK million: –12.5 (–101.9)
Result before tax, SEK million: –30.4 (–120.2)
Result after tax, SEK million: –30.5 (–121.4)
Equity ratio, %: 14 (25)
Return on equity, %: neg (neg)
Available liquid funds, including unutilised credit facilities, SEK million: 34.5 (232.7)
Result per share after tax, SEK: –0.64 (–2.54)
Equity per share, SEK: 5.80 (15.90)
Lost–time injuries: 0 (0)
This information is information that Concordia Maritime Aktiebolag (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, on 5 May 2022, at 08.30 CEST.
For more information, please contact:
Erik Lewenhaupt
CEO, Concordia Maritime AB
Mob: 0704 855 188
-E-post: erik.lewenhaupt@concordiamaritime.com
Martin Nerfeldt
CFO, Concordia Maritime AB
Tel: +45 88 938 661
Mob: 0704 85 50 07
-E-post: martin.nerfeldt@concordiamaritime.com
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/concordia-maritime/r/interim-report–1-january-31-march-2022,c3560622
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