CMB.Tech rises as Q2 EBITDA more than doubles

CMB.TECH NV

27/08/2026 08:51

** Shares in CMB.Tech CMBT.BR rise 2.5% after its Q2 core profit more than doubled, driven by strong tanker and dry bulk markets and vessel sales
** The Belgian tanker company's Q2 EBITDA surges to $552.8 million from $224.1 million a year earlier
** Degroof Petercam says the company keeps on profiting from tight markets; highlights good operational results and excellent tanker selling prices
** KBC Securities reiterates "buy" rating, citing robust crude and dry bulk tankers rates, the potential for rapid deleveraging, cash returns, solid dry bulk supply side fundamentals and strength in vessel values
** Up to the previous session's close, shares gained 87.2%​ YTD

(Reporting by Hugo Lhomedet)
((hugo.lhomedet@thomsonreuters.com))