Brief: American Shipping Company Normalized Q1 EBITDA USD 21.7 Mln

Amsc ASA

21/05/2019 07:09

May 21 (Reuters) - American Shipping Company ASA  AMSCA.OL :
    * REG-AMERICAN SHIPPING COMPANY ASA - FIRST QUARTER 2019
RESULTS
    * STABLE Q1 BAREBOAT REVENUE OF USD 21.6 MILLION
    * NORMALIZED EBITDA FOR Q1 OF USD 21.7 MILLION
    * DECLARED Q1 DIVIDEND OF USD 0.08 PER SHARE, IN LINE WITH
PREVIOUS GUIDANCE
    * AMERICAN SHIPPING COMPANY - "WE ARE PLEASED TO OBSERVE
ENDURING
POSITIVE FUNDAMENTALS IN JONES ACT TANKER MARKET, SUPPORTING
LONGEVITY AND STABILITY OF OUR BUSINESS MODEL" - CEO

Source text for Eikon:  ID:nGNE6WXwWJ 
Further company coverage:  AMSCA.OL 

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