Ocean Yield ASA: Second quarter and first half year 2019 Report
Fornebu, 11th July 2019, Ocean Yield ASA (“Ocean Yield” or the “Company”) announces results for the second quarter and first half year ending 30th June 2019. Highlights · Declared dividend for Q2 2019 of USD 0.1910 per share. This is the 24th consecutive quarterly dividend. · EBITDA for Q2 2019 was USD 56.8 million and EBITDA adjusted for finance lease effects was USD 74.5 million. · Net profit after tax for Q2 2019 was USD 5.3 million. This includes an increase in the provision for decommissioning expenses related to the FPSO of USD 4.5 million. Net profit from vessels with