Ocean Yield ASA: Second quarter and first half year results 2020
Fornebu, 9[th] July 2020, Ocean Yield ASA (“Ocean Yield” or the “Company”) announces results for the second quarter and first half year ending 30[th] June 2020.Highlights · The Board of Directors has declared a dividend of USD 0.05 per share. This is the 28th consecutive quarterly dividend declared by the Company. · EBITDA for Q2 2020 was USD 86.3 million. This includes USD 27.4 million of revenue related to the vessel Höegh Xiamen, as further described below. EBITDA adjusted for finance lease effects and excluding the revenue related to the Höegh Xiamen was USD 86.0 million.