Brief: Exmar FY EBITDA Up At $47.3 Million

EXMAR NV

26/03/2020 17:17

March 26 (Reuters) - EXMAR NV  EXMR.BR :
    * FULL YEAR RESULTS FOR FINANCIAL YEAR – 2019
    * FY IFRS REVENUE $136.7  MILLION VERSUS $ 87.7 MILLION YEAR
AGO
    * FY EBITDA $ 47.3 MILLION VERSUS $ 27.5 MILLION YEAR AGO
    * BOARD OF DIRECTORS PROPOSES NOT TO PAY A DIVIDEND FOR THE
ACCOUNTING YEAR 2019
    * FY CONSOLIDATED GROUP SHARE LOSS AFTER TAX $ 13.2 MILLION
VERSUS
LOSS OF $ 15.9 MILLION YEAR AGO
    * ON COVID-19: THE MAJORITY OF OUR SHIPS ARE CURRENTLY
OPERATING
UNDER MEDIUM TO LONG-TERM CONTRACTS
    * FY VLGC (83,300 M³) TIME-CHARTER EQUIVALENT PER DAY
$28,527 
VERSUS $ 15,531 YEAR AGO
    * FY MIDSIZE (38,115 M³) TIME-CHARTER EQUIVALENT PER DAY $
18,587 
VERSUS $ 17,979 YEAR AGO
    * FY PRESSURIZED (3,500 M³) TIME-CHARTER EQUIVALENT PER DAY
$
7,539 VERSUS $ 6,967 YEAR AGO
    * WE ARE SUBJECT TO CERTAIN RISKS WITH RESPECT TO OUR
CONTRACTUAL
COUNTERPARTIES DUE TO CORONAVIRUS
    * FY PRESSURIZED (5,000 M³) TIME-CHARTER EQUIVALENT PER DAY
$
8,861 VERSUS $ 8,766 YEAR AGO

Source text: https://bit.ly/3boiFys
Further company coverage:  EXMR.BR 

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