Concordia Maritime: Interim Report 1 January - 30 September 2017

GÖTEBORG, Sweden, Nov. 9, 2017 /PRNewswire/ --

• Total income, Q3: SEK 197.7 (215.3) million, 9 months 2017: SEK 633.8 (759.7) million
• Result excluding impairment and tax for the period, Q3: SEK –59.4 (–22.4) million, 9 months 2017: SEK –144.4 (23.4) million
• EBITDA, Q3: SEK 1.9 (50.9) million, 9 months 2017: SEK 41.2 (211.4) million
• Result per share excluding impairment and tax, Q3: SEK –1.24 (–0.47), 9 months 2017: SEK –3.03 (0.49)
• Vessels written down by USD 55 million, SEK 473.7 (0.0) million

Key ratios

•  Total income, SEK million 197.7 (215.3)
•  EBITDA, SEK million 1.9 (50.9)
•  EBITDA, USD million 0.4 (5.9)
•  Operating result, SEK million –521.8 (–9.8)
•  Result excluding impairment and tax, MSEK –59.4 (–22.4)
•  Result before tax, SEK million –533.1 (–22.4)
•  Result after tax, SEK million –533.1 (–10.6)
•  Equity ratio, % 41 (44)
•  Return on equity, % –32 (5)
•  Available liquid funds, including unutilised credit facilities, SEK million 442.2 (401)
•  Result per share after tax, SEK –11.17 (–0.22)
•  Equity per share, SEK 26.38 (40.11)
•  Lost-time injuries 0 (0)

CONTACT:

Kim Ullman
CEO
Concordia Maritime AB
Tel +46-31855003
Mobile +46-704855003
Email [email protected] 

Ola Helgesson
CFO
Concordia Maritime AB
Tel +46-31 855009
Mobile +46-704855009
Email [email protected]

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SOURCE Concordia Maritime