Interim report 1 January–31 March 2016

· Total income, Q1: SEK 263.6 (255.5) million Full year 2015: SEK 1086.6
(907.6) million
  · Result before tax, Q1: SEK 33.4 (28.1) million Full year 2015: 174.3 (16.5)
  · EBITDA: SEK 103.4 (82.2) million Full year 2015: 423.8 (214.7)
  · Result per share after tax, Q1: SEK 0.70 (0.59) Full year 2015: SEK 3.64
(0.18)
  · P-MAX vessel Stena Performance chartered out. The contract is for one year
and runs from late January/early February 2016.
  · P-MAX vessel Stena Progress chartered out. The contract is for three years
and runs from April 2016.



  · After the end of the reporting periodA new consecutive voyage contract was
signed for the P-MAX tanker Stena Polaris at the end of April. The contract,
which comes into effect in May 2016, is for one year. The contractual partner is
one of the world’s largest oil and gas companies.


Key ratios

  · Total income, SEK million 263.6 (255.5)
  · EBITDA, SEK million 103.4 (82.2)
  · EBITDA, USD million 12.2 (9.9)
  · Operating result, SEK million 44.4 (39.0)
  · Result after tax, SEK million 33.4 (28.1)
  · Equity ratio, % 43 (43)
  · Return on equity, % 10 (1.6)
  · Available liquid funds, including unutilised credit facilities, SEK million
450.9 (307.3)
  · Result per share after tax, SEK 0.70 (0.59)
  · Equity per share, SEK 39.02 (37.03)

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
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