Third Quarter results 2022
Fornebu, 23rd November 2022, Ocean Yield AS (“Ocean Yield” or the “Company”) announces results for the third quarter 2022.Highlights · EBITDA for Q3 2022 was USD 48.8 million and EBITDA adjusted for finance lease effects was USD 77.0 million. · Net profit for the period Q3 2022 was USD 23.4 million. · The quarter ended with a strong balance sheet, with an equity ratio of 31% and USD 122 million in cash. · Refinancing of several loan facilities post quarter end has resulted in additional available liquidity of USD 90 million, which currently is undrawn. · Acquisition