Report on final accounts 1 January - 31 December 2007 • Net sales: SEK 457.2 (381.2) million • Result after tax SEK 62.9 (51.9) million • Result per share after tax: SEK 1.32 (1.09) • Proposed dividend: SEK 1.00 (1.00) per share • Despite a weak market, the product tanker segment reports an operating result of SEK 13.7 million for the fourth quarter (full year: SEK 85.7 million). The large tanker segment reports an operating result of SEK 0.6 million (full year: SEK -40.7 million). During the year, non-recurring costs amounting to SEK -27.7 million were charged to the large tanker segment. • Forecast for 2008: A profit before tax of approx. USD 11 million, corresponding to approx. SEK 70 million or SEK 1.47 per share. The market in 2008 is expected to be weaker than in 2007. Please also read the report on www.concordia-maritime.se Hans Norén President Telefon +46 31 855101 Mobil +46 704 855101 Göran Hermansson Financial Manager Tel +46 31 855046 Mobil +46 704 855046
Report on final accounts 1 January - 31 December 2007
| Source: Concordia Maritime AB