TORM plc Annual Report 2022, dividend distribution, and financial outlook 2023
“2022 was a year for TORM where we captured the full value of a strong market. The changing market dynamics have lifted rates to new highs, resulting in an EBITDA of USD 743m and a profit before tax of USD 557m. For Q4 2022, we will declare a dividend of USD 212m, and with a profit before tax for the fourth quarter of USD 222m we ensure a high pay-out ratio to our shareholders,” says CEO Jacob Meldgaard. · For the full year 2022, TORM realized a record high EBITDA of USD 743m (2021: USD 137m). The profit before tax amounted to USD 557m (2021: loss of USD 41m). The Adjusted Return on