Brief: Euronav Q1 Profit Up At $495 Million

CMB.TECH NV

08/05/2024 07:14

May 8 (Reuters) - Euronav NV  EUAV.BR :
    * EURONAV ANNOUNCES Q1 2024 RESULTS
    * PROFIT OF USD 495 MLN IN Q1 2024, VS EUR 174 MLN YR AGO
    * Q1 2024 DISTRIBUTION OF USD 1.15 PER SHARE WILL BE
PROPOSED AT
SGM IN JULY
    * Q1 EBITDA (A NON-IFRS MEASURE) USD 550.5 MLN
    * PROPOSED A DIVIDEND OF USD 4.57 PER SHARE FOR FY 2023
    * TO PROPOSE A DIVIDEND OF USD 1.15 PER SHARE FOR Q1 2024
    * Q1 VLCC AVERAGE TIME CHARTER RATE USD 46.300 VS USD 48.500
YEAR
AGO

Source text for Workspqce:  ID:nObiQTwTha 
Further company coverage:  EUAV.BR 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))