Brief: American Shipping Company Q1 Normalized EBITDA At $22.0 Mln

Amsc ASA

20/05/2020 07:10

May 20 (Reuters) - American Shipping Company ASA  AMSCA.OL :
    * FIRST QUARTER 2020 FINANCIAL RESULTS
    * Q1 NORMALIZED EBITDA USD 22.0 MILLION
    * Q1  BAREBOAT REVENUE USD 21.9 MILLION
    * DECLARED Q1 DIVIDEND OF $0.08 PER SHARE, IN LINE WITH
PREVIOUS
GUIDANCE AND BACKED BY COMPANY'S CONTRACTED CASH FLOW
    * NO DEBT MATURITIES UNTIL 2022
    * NEW DEBT FACILITIES REDUCE COST OF CAPITAL AND INCREASE
FREE
CASH FLOW

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

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