Profit for the quarter – good start to the year New chartering strategy beginning to produce results Total and Shell contracts delivered Agreement for the sale of two LR1 tankers – positive results to be reported in the second quarter Expected profit for the full year Total income, SEK million 135.2 (127.9) EBITDA, SEK million 51.7 (51.2) Operating result, SEK million 15.9 (15.7) Result after tax, SEK million 12.2 (7.6) Result per share, SEK 0.26 (0.16) EBITDA, USD million 8.0 (8.0) Available liquid funds*), SEK million 285.2 (427.0) *Including unutilized available credit facilities Kim Ullman, CEO, 46 704 855003 Anna Forshamn, CFO, 46 704 855172 Concordia Maritime is an international tanker shipping company. Our focus is on cost-effective and safe transportation of refined petroleum products and vegetable oils. The company’s B shares were admitted to trading on Nasdaq OMX Stockholm in 1984. www.concordiamaritime.com
Interim Report 1 January – 31 March 2014
| Source: Concordia Maritime AB
Attachments
