Interim Report 1 January–30 September 2015

  ·
Total income, Q3: SEK 209.7 (104.0) million 9 months: SEK 592.4 (405.4) million

  ·
Result before tax, Q3: SEK 52.4 (–23.0) million 9 months: SEK 124.5 (29.2)
million

  ·
EBITDA, Q3: SEK 108.0 (22.3) million 9 months: SEK 289.7 (160.5) million

  ·
Result per share after tax, Q3: SEK 1.10 (–0.57) 9 months: SEK 2.61 (0.53)

  ·
The market exceeded expectations

  ·
Renewed contract with a large international oil and gas company. The contract is
being extended by twelve months for two vessels and also includes an additional
vessel for six months.

After the end of the reporting period

  ·
On 15 October, the Company took delivery of the IMOIIMAX vessel Stena Important.
This means that the two IMOIIMAX tankers that were on order have now been
delivered.
Key ratios

  ·
Total income, SEK million 592.4 (405.4)

  ·
EBITDA, SEK million 289.7 (160.5)

  ·
EBITDA, USD million 34.4 (24.0)

  ·
Operating result, SEK million 152.0 (54.2)

  ·
Result after tax, SEK million 124.5 (25.3)

  ·
Equity ratio, % 43 (43)

  ·
Growth in equity, from prev. quarter, % 10 (14)

  ·
Return on equity, % 6 (0)

  ·
Available liquid funds, including unutilised credit facilities, SEK million
362.5 (358.3)

  ·
Result per share after tax, SEK 2.61 (0.53)

  ·
Equity per share, SEK 38.27 (30.9)

Distribution
Our quarterly reports are no longer being printed for environmental reasons, but
are only published digitally. Concordia Maritime's interim reports as well as
additional financial information about the Company can be read or downloaded at
our website www.concordiamaritime.com/en/investor-relations
Kim Ullman
CEO
Concordia Maritime AB

Tel: 46 31 855003
Mobile: 46 704 855003
E-mail: kim.ullman@concordiamaritime.com
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