Belgium's CMB Tech reports third-quarter profit above expectations

CMB.TECH NV

07/11/2024 06:31

Nov 7 (Reuters) - Belgian oil tanker company CMB Tech
 CMBT.BR  reported third-quarter profit on Thursday that beat
market expectations, crediting its long-term strategy.
    The group said its net gain fell 14.5% to $98.1 million in
the period, beating the $43.62 million average of five analyst
estimates compiled by LSEG.
    "Our strategy of decarbonisation, diversification and
optimisation of our fleet is in full swing," CEO Alexander
Saverys said in a statement.

 (Reporting by Dimitri Rhodes; Editing by Christopher Cushing)
 ((Dimitri.Rhodes@thomsonreuters.com;))