Interim Report 1 January – 30 June 2014

Positive result after sale of shares in jointly-controlled entities (Stena Poseidon and Palva)

New contract with global oil and gas company in line with new employment strategy

Seasonal market decline stronger than expected

Profit expected for full year

Total income, MSEK                                 301,4 (246,7)

EBITDA, MSEK                                           138,2 (90,0)

Operating result, MSEK                                68,1 (18,2)

Result after tax, MSEK                              52,3 (1,4)

Result per share, SEK                                1,10 (0,03)

EBITDA, MUSD                                                                21,2 (13,9)

Available liquid funds*), MSEK                      362,0 (384,6)
 


*Including unutilized available credit facilities

Kim Ullman, CEO, 46 704 855003
Anna Forshamn, CFO, 46 704 855172

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

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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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