Brief: MPC Container Ships Q1 EBITDA Rises To $22.3 Million

Mpc Container Ships ASA

20/05/2021 07:06

May 20 (Reuters) - MPC Container Ships ASA  MPCC.OL :
    * MPC CONTAINER SHIPS ASA REPORTS Q1 AND THREE-MONTH 2021
RESULTS
    * MPC CONTAINER SHIPS ASA REPORTS Q1 AND THREE-MONTH 2021
RESULTS
    * Q1 TOTAL REVENUE WAS USD 54.9 MILLION IN Q1 2021 (Q4 2020:
USD
45.6 MILLION).
    * Q1 EBITDA WAS USD 22.3 MILLION IN Q1 2021 (Q4 2020: USD
4.5
MILLION).
    * Q1 UTILIZATION WAS 99.2% IN Q1 2021 (Q4 2020: 97.0%).
    * FOR FY 2021 MANAGEMENT CONFIRMS, SUBJECT TO CERTAIN
ASSUMPTIONS,
EXPECTED REVENUES IN RANGE OF USD 230-260M AND EXPECTED EBITDA
IN RANGE OF USD 120-140M
    * BASED ON CURRENT MARKET DEVELOPMENTS, MANAGEMENT EXPECTS
TO
REACH UPPER END OF RANGES.

Source text for Eikon:  ID:nWkr7PsYLl 
Further company coverage:  MPCC.OL 

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