Third Quarter results 2021
Fornebu, 2nd November 2021, Ocean Yield ASA (“Ocean Yield” or the “Company”) announces results for the third quarter 2021.Highlights The Board of Directors has declared a dividend of USD 5.70 cents per share with an equivalent of NOK 0.4810 per share. This is the 33rd consecutive quarterly dividend paid by the Company. · EBITDA for Q3 2021 was USD 33.0 million and EBITDA adjusted for finance lease effects was USD 54.7 million. · Net profit for the period Q3 2021 was negative USD 2.5 million, which includes an impairment of USD 16.4 million on the FPSO Dhirubhai-1 and one-off