Brief: American Shipping Company Q1 EBIT up at $12.7 million

Amsc ASA

24/05/2016 06:01

May 24 (Reuters) - American Shipping Company ASA  AMSCA.OL : 
    * Q1 operating revenue $21.9 million versus $21.7 million 
year ago 
    * Q1 EBIT $12.7 million versus $12.6 million year ago 
    * Increasing normalized EBITDA of $26.2 million for Q1 2016 
versus $25.3 million in Q1 2015 
    * Declared Q1 2016 dividend of $0.107 per share, 
approximately 4 percent higher than Q1 2015 
    * Reiterates guiding on about 15 percent year on year 
dividend growth for 2016 versus 2015 
 
Source text for Eikon:  ID:nHUG9BhQfT  
Further company coverage:  AMSCA.OL  
 
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