Concordia Maritime: Sale and delivery of two vessels – in a turbulent world

Total income

Q3: SEK 20.7 (118.2) million
9 months: SEK 231.1 (423.1) million

EBITDA

Q3: SEK -6.4 (38.0) million
9 months: SEK 103.4 (170.4) million

Result before tax

Q3: SEK -21.8 (-22.8) million
9 months: SEK 24.4 (-16.7) million

Result per share after tax

Q3: SEK -0.43 (-0.48)
9 months: SEK 0.41 (-0.37)

Events in the third quarter

Sale and delivery of Stena Premium and Stena Progress.
All loans from related parties repaid.

Key figures Jan-Sep 2023

• Total income, SEK million: 231.1 (423.1)
  of which result from ship sales, SEK million: 112.4 (41.9)
• EBITDA, SEK million: 103.4 (170.4)
• EBITDA, USD million: 9.8 (17.2)
• Operating result, SEK million: 56.6 (42.8)
• Result before tax, SEK million: 24.4 (-16.7)
• Result after tax, SEK million: 19.5 (-17.6)
• Equity ratio, %: 91 (20)
• Return on equity, %: 37 (neg)
• Available liquid funds, including unutilised credit facilities, SEK million: 243.4 (86.1)
• Result per share after tax, SEK: 0.41 (-0.37)
• Equity per share, SEK: 9.43 (7.12)
• Lost-time injuries: 0 (0)
  Source: Concordia Maritime