Concordia Maritime: Continued divestments in a strong vessel market

Continued divestments in a strong vessel market

Total income

• Q2: SEK 114.7 (180.8) million
• HY1: SEK 210.3 (304.9) million

EBITDA

• Q2: SEK 72.1 (102.7) million
• HY1: SEK 109.8 (132.4) million

Result before tax

• Q2: SEK 43.3 (36.5) million
• HY1: SEK 46.3 (6.0) million

Result per share after tax

• Q2: SEK 0.78 (0.75)
• HY1: SEK 0.84 (0.11)

Events in the second quarter

• Sale and delivery of Stena Penguin.
• Events after the end of the quarter
• Sale of Stena Premium and Stena Progress.
• Delivery to the buyers of Stena Premium.

Key figures Jan-Jun 2023

• Total income, SEK million: 210.3 (304.9)
  of which result from ship sales 118.4 (39.0)
• EBITDA, SEK million: 109.8 (132.4)
• EBITDA, USD million: 10.5 (13.8)
• Operating result, SEK million: 69.2 (46.5)
• Result before tax, SEK million: 46.3 (6.0)
• Result after tax, SEK million: 40.0 (5.2)
• Equity ratio, %: 55 (20)
• Return on equity, %: 39 (neg)
• Available liquid funds, including unutilised credit facilities, SEK million: 189.7 (88.9)
• Result per share after tax, SEK: 0.84 (0.11)
• Equity per share, SEK: 9.78 (7.18)
• Lost-time injuries: 0 (0)
  Source: Concordia Maritime