Interim report, 1 January–30 September 2020

A weak tanker market

  • Total income
    Q3: SEK 210.7 (259.2) million
    9 months: SEK 860.1 (822.6) million
     
  • EBITDA
    Q3: SEK 45.1 (52.4) million
    9 months: SEK 282.4 (187.3) million
     
  • Result before tax
    Q3: SEK –35.9 (–35.6) million
    9 months: SEK 21.4 (–73.0) million
     
  • Result per share after tax
    Q3: SEK –0.75 (–0.75)
    9 months: SEK 0.45 (–1.53)

Events in the third quarter

  • Two scheduled drydockings completed
  • Participation in charter in of Suezmaxes corresponding to 1.7 vessels

Key figures

  • Total income, SEK million: 860.1 (822.6)
  • EBITDA, SEK million: 282.4 (187.3)
  • EBITDA, USD million: 30.1 (19.9)
  • Operating result, SEK million: 92.5 (2.9)
  • Result before tax, SEK million: 21.4 (–73.0)
  • Result after tax, SEK million: 21.4 (–73.1)
  • Equity ratio, %: 31 (30)
  • Return on equity, %: 0 (–8)
  • Available liquid funds, including unutilised credit facilities, SEK million: 438.5 (158.4)
  • Result per share after tax, SEK 0.45 (–1.53)
  • Equity per share, SEK: 21.18 (23.08)
  • Lost-time injuries: 1 (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 3 November 2020, at 13.00 CET.

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