Third Quarter results 2020
Fornebu, 2[nd] November 2020, Ocean Yield ASA (“Ocean Yield” or the “Company”) announces results for the third quarter 2020.Highlights · The Board of Directors has declared a dividend of USD 5.15 cents per share. This is an increase of USD 0.15 cents compared to the previous quarter and is the 29th consecutive quarterly dividend declared by the Company. · EBITDA for Q3 2020 was USD 52.2 million and EBITDA adjusted for finance lease effects was USD 75.8 million. · Net Profit after tax for Q3 2020 was negative USD 104.4 million. This is mainly due to previously announced