GÖTEBORG, Sweden, Jan. 30, 2020 /PRNewswire/ --
- Total income
Q4: SEK 317.6 (367.8) million
12 months: SEK 1,140.2 (1,052.9)
million
- EBITDA
Q4: SEK 62.3 (77.1) million
12 months: SEK 249.5 (56.8)
million
- Result before tax
Q4: SEK -29.3 (-19.4) million
12 months: SEK -102.3 (-182.1)
million
- Result per share after tax
Q4: SEK -0.62 (-0.41)
12 months: SEK -2.15 (-3.81)
Events in the fourth quarter
- Three P-MAX vessels chartered out for two years
- Refinancing of eight P-MAX vessels; credit facility in
place
- The Board proposes that the AGM adopt a dividend of
SEK 0 (0) per share.
Events after the end of the quarter
- Implementation of a new corporate structure
Key ratios
- Total income, SEK million 1,140.2 (1,052.9)
- EBITDA, SEK million 249.5( 56.8)
- EBITDA, USD million 26.4 (6.5)
- Operating result, SEK million -0.4 (-130.1)
- Result before tax, SEK million -102.3 (-181.9)
- Result after tax, SEK million -102.6 (-182.1)
- Equity ratio, % 29 (38)
- Return on equity, % -9 (-15)
- Available liquid funds, including unutilised credit facilities,
SEK million 354.8 (160.1)
- Result per share after tax, SEK
-2.15 (-3.81)
- Equity per share, SEK 22.12
(22.24)
- Lost-time injuries 1 (0)
Distribution
For environmental reasons, we are only publishing our interim
reports digitally. Concordia Maritime's interim reports and
additional financial information about the Company can be read or
downloaded from our
website www.concordiamaritime.com/en/investor-relations
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, at approx. 13:00 CET on
30 January 2020.
For more information, please contact:
Kim Ullman
CEO, Concordia Maritime AB
Tel +46-31-855003
Mob +46-704-855003
Email: kim.ullman@concordiamaritime.com
Ola Helgesson
CFO, Concordia Maritime AB
Tel +46-31-855009
Mob +46-704-855009
Email: ola.helgesson@concordiamaritime.com
This information was brought to you by Cision
http://news.cision.com
https://news.cision.com/concordia-maritime/r/year-end-report--1-january-31-december-2019,c3023675
The following files are available for download:
https://mb.cision.com/Main/1948/3023675/1185316.pdf
|
Year-end report, 1
Januaryâ€"31 December 2019 (PDF)
|
https://mb.cision.com/Public/1948/3023675/b961efab05297559.pdf
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PRESSINFORMATION 30
January 2020 ENG
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