GOTHENBURG, Sweden,
April 28, 2021 /PRNewswire/ --
Record-weak tanker market
- Total income Q1: SEK 179.6
(348.6) million
- EBITDA Q1: SEK -45.7 (123.2)
million
- Result before tax Q1: SEK -120.2
(29.0) million
- Result per share after tax Q1: SEK
-2.54 (0.61)
Events in the first quarter
- Negotiations with lending banks and Stena concerning a solution
to strengthen the Company's financial position and liquidity
- Temporary covenant waiver granted by lending banks
- Three scheduled drydockings completed
- Stena Polaris CVC contract extended to June 2021
- Stena Paris chartered out
on TC contract until August 2021
Key figures
- Total income, SEK million: 179.6 (348.6)
- EBITDA, SEK million: -45.7 (123.2)
- EBITDA, USD million: -5.4 (12.7)
- Operating result, SEK million: -101.9 (58.0)
- Result before tax, SEK million: -120.2 (29.0)
- Result after tax, SEK million: -121.4 (29.0)
- Equity ratio, %: 25 (29)
- Return on equity, %: neg (neg)
- Available liquid funds, including unutilised credit facilities,
SEK million: 232.7 (398.8)
- Result per share after tax, SEK: -2.54 (0.61)
- Equity per share, SEK: 15.90 (22.99)
- Lost-time injuries: 0 (1)
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
below, on 28 April 2021, at 11.30
CEST.
For more information, please contact:
Kim Ullman
CEO, Concordia Maritime AB
Tel: +46 31 85 50 03
Mob: +46 704 85 50 03
Email: kim.ullman@concordiamaritime.com
Martin Nerfeldt
CFO, Concordia Maritime AB
Tel: +45 88 938 661
Mob: +46 704 85 50 07
Email: 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-2021,c3335442
The following files are available for download:
https://mb.cision.com/Main/1948/3335442/1408922.pdf
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Concordia Maritime AB
(publ) Interim report Q1 2021
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