MPC Container Ships reports Q4 2022 results
Highlights · Strong operating revenues of USD 162.1 million (+14% YOY) and EBITDA of USD 127.0 million · Adj. EBITDA excl. non-recurring items of USD 114.3 million, up 24% YOY · Profit for the period of USD 103.6 million resulting in EPS of USD 0.23 · Quarterly recurring dividend of USD 0.15 per share · Fleet utilization was 97.8% (Q4 2021: 97.6%) · Average TCE of USD 31,279 per day in Q4 2022 (Q4 2021: USD 23,103 per day) · FY 2023 financial guidance for revenues of USD 610-630 million and EBITDA of USD 420-450 million · Revenue backlog of USD 1.5 billion and