Interim report, 1 January–30 June 2018
- Total income
Q2: SEK 227.0 (211.1) million
HY1: SEK 426.6 (436.0) million
- EBITDA
Q2: SEK –9.3 (10.0) million
HY1: SEK –2.3 (39.3) million
- Result before tax
Q2: SEK –57.0 (–43.9) million
HY1: SEK –95.7 (–85.1) million
- Result per share after tax
Q2: SEK –1.19 (–0.92) million
HY1: SEK –2.01 (–1.78) million
Events in the second quarter
- Another quarter without any Lost Time Injuries
- Three suezmax vessels chartered in (50% share)
- Two MR (ECO) vessels chartered in (50% share)
Events after the end of the quarter
- Another One suezmax vessel chartered in (50% share)
- Stena Paris chartered out for 12 months
Key ratios
- Total income, SEK million 426.6 (436.0)
- EBITDA, SEK million –2.3 (39.3)
- EBITDA, USD million –0.3 (4.4)
- Operating result, SEK million –91.9 (–69.9)
- Result excluding impairment and tax, SEK million –95.7 (–85.1)
- Result before tax, SEK million –95.7 (–85.1)
- Result after tax, SEK million –95.7 (–85.1)
- Equity ratio, % 41 (49)
- Return on equity, % –54 (–3)
- Available liquid funds, including unutilised credit facilities, SEK million 185.0 (281.0)
- Result per share after tax, SEK –2.01 (–1.78)
- Equity per share, SEK 25.94 (38.29)
- Lost-time injuries 0 (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
The information in this report is information that Concordia Maritime is required to disclose in accordance with the Swedish Securities Market Act and/or the Swedish Financial Instruments Trading Act. The information was made public on 14 August 2018, at 2.00 p.m.
