Concordia Maritime: Interim Report, 1 January-30 June 2019
GÖTEBORG, Sweden, Aug. 15, 2019 /PRNewswire/ --
Total income Q2: SEK 252.7 (227.0) million HY1: SEK 563.4 (426.6) million
EBITDA Q2: SEK 53.3 (?9.3) million HY1: SEK 134.9 (?2.3) million
Result before tax Q2: SEK ?39.2 (?57.0) million HY1: SEK ?37.4 (?95.7) million
Result per share after tax Q2: SEK ?0.82 (?1.19) HY1: SEK ?0.78 (?2.01)
Events after the end of the quarter
In July, Stena Performance and Stena Polaris were contracted on consecutive voyage charters for 8?10 months.
Key ratios
Total income, SEK million 563.4 (426.6)
EBITDA, SEK million 134.9 (?2.3)
EBITDA, USD million 14.5 (?0.3)
Operating result, SEK million 13.4 (?91.9)
Result before tax, SEK million ?37.4 (?95.7)
Result after tax, SEK million ?37.5 (?95.7)
Equity ratio, % 32 (41)
Return on equity, % ?11 (?54)
Available liquid funds, including unutilised credit facilities, SEK million 219.3 (185.0)
Result per share after tax, SEK ?0.78 (?2.01)
Equity per share, SEK 23.40 (25.94)
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 and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out above, at 13:00 CET on 15 August 2019.
CONTACT:
For more information, please contact:
Kim Ullman CEO, Concordia Maritime AB Tel +46-31-855003 Mob +46-704-855003 Email: [email protected]
Ola Helgesson CFO, Concordia Maritime AB Tel +46-31-855009 Mob +46-704-855009 Email: [email protected]
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