Annual Report and ESG Report 2023
Fornebu, 28[th] February 2024, Ocean Yield AS ("Ocean Yield" or the "Company") publishes its fourth quarter 2023 results, the 2023 Annual Report and ESG Report for 2023. The results and management comments for the fourth quarter can be found on pages 88-94 in the Annual Report. HIGHLIGHTS FOR Q4 2023 · EBITDA for Q4 2023 was USD 55.3 million and Adjusted EBITDA was USD 88.2 million. · Net profit for Q4 2023 was USD 23.3 million. · Strong balance sheet, with an equity ratio of 28.2% and USD 115.8 million in cash. · During the quarter, the Company agreed to acquire a 2016-