Brief: Exmar End-Sept IFRS Ebitda At USD 54.4 Mln, Down Vs USD 326.1 Mln Year Ago

EXMAR NV

10/11/2023 16:55

Nov 10 (Reuters) - Exmar NV  EXMR.BR :
    * SHIPPING BUSINESS UNIT PERFORMANCE IS REFLECTING HEALTHY
MARKET
CONDITIONS
    * END-SEPT IFRS REVENUE 345.4 USD  MILLION VERSUS USD 95.6
MILLION
YEAR AGO
    * END-SEPT IFRS EBITDA USD 54.4 MILLION VERSUS USD 326.1
MILLION
YEAR AGO
    * END-SEPT IFRS RESULT FOR PERIOD GROUP SHARE USD 39.4
MILLION
VERSUS USD 317.4 MILLION YEAR AGO
    * ALL INFRASTRUCTURE ASSETS ARE EMPLOYED WITH 100% UPTIME
    * CONGO LNG PROJECT IS ENTERING A NEW PHASE WITH ENI’S TANGO
FLNG
AND EXMAR’S EXCALIBUR HEADING FOR CONGO FOR INSTALLATION AND
STARTUP BY DECEMBER 2023
    * THE COMPANY ANNOUNCES THAT MR. HADRIEN BOWN, REPRESENTING
HAX
BV, WILL BE APPOINTED AS CHIEF FINANCIAL OFFICER AND  MEMBER OF
THE EXECUTIVE COMMITTEE AS OF 1 DECEMBER 2023
    * FOLLOWING REOPENING OF BID LAUNCHED BY SAVEREX NV (THE
“BIDDER”)
FOR ALL  SHARES AND SHARE OPTIONS ISSUED BY EXMAR NV,  A TOTAL
AMOUNT OF 20,912,821 SHARES IN THE TARGET WERE TENDERED IN THE
BID,  REPRESENTING 35.15% OF THE OUTSTANDING SHARES IN THE
TARGET
    * BIDDER AND PERSONS AFFILIATED WITH IT TOGETHER HOLD 
49,838,689
SHARES, REPRESENTING 83.76% OF THE OUTSTANDING SHARES IN THE
TARGET
    * NET FINANCIAL DEBT AS OF SEPT 30 AT USD -107.4 MILLION


Further company coverage:  EXMR.BR 

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