Final accounts 1 January - 31 December 2010

Net turnover, SEK million 513.4  (599.3)

Result after tax, SEK million 80.4  (–81.1)

Result per share, SEK 1.68  (–1.70)

EBITDA, USD million 30.5  (21.0)

Available liquid funds1), SEK million 698.0  (536.0)

1) Including unutilised credit facilities.

  • Business operations proceeding according to plan.
  • Continued satisfactory available liquid funds, SEK 698.0 (536.0) million.
  • Forecast for 2011: A profit before tax of USD 10–13 million (approx. SEK 65–85 million), depending on how the open market develops in 2011.
  • The Board of Directors proposes that the Annual General Meeting in 2011 approve a dividend of SEK 1.0 (1.0) per share.

Hans Norén, President, +46 31 855101, +46 704 855101
Goran Hermansson, Financial Director, +46 31 855046, +46 704 855046

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About Us

Concordia Maritime is an international shipping company. Our focus is on the cost-efficient and safe transportation of refined petroleum products and edible oils. The series B-share has been listed on Nasdaq Stockholm since 1984. www.concordiamaritime.com

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