Ocean Yield ASA: Second Quarter and First Half Year 2018 Report
Fornebu, 12th July 2018, Ocean Yield ASA (“Ocean Yield” or the “Company”)announces results for the second quarter and first half year ending 30th June 2018. HIGHLIGHTS: · Declared a dividend of USD 0.1910 per share for Q2 2018. This is an increase of 0.05 cents per share compared with the previous quarter. · EBITDA for Q2 2018 was USD 84.3 million and EBITDA adjusted for finance lease effects was USD 95.1 million. · Net profit before tax for Q2 2018 was USD 36.9 million and Net profit after tax was USD 35.1 million. Adjusted net profit was USD 37.9 million. · Delivery of