Brief: MPC Container Ships Q3 2019 EBITDA $4.5 Million

Mpc Container Ships ASA

29/11/2019 07:04

Nov 29 (Reuters) - MPC Container Ships ASA  MPCC.OL :
    * REPORTS Q3 AND NINE-MONTH 2019 RESULTS
    * Q3 2019 OPERATING REVENUE USD 46.0 MILLION. Q3 YTD 2019
OPERATING REVENUE USD 140.5 MILLION.
    * Q3 2019 EBITDA USD 4.5 MILLION. Q3 YTD 2019 EBITDA USD
17.3
MILLION.
    * ON A MACROECONOMIC LEVEL, THE OUTLOOK FOR Q4 2019 AND 2020
WILL
REMAIN INFLUENCED BY ISSUES RELATING TO IMO 2020, THE CURRENT
SLOWDOWN OF THE GLOBAL ECONOMY AND GEOPOLITICAL TENSIONS.
    * DESPITE 2019 TURNING OUT TO BE MORE VOLATILE THAT MANY HAD
HOPED, CONTAINER MARKET FUNDAMENTALS ARE STILL INTACT AND SHOULD
MAKE FOR ATTRACTIVE OPPORTUNITIES AND CHARTER RATE RECOVERY
POTENTIAL IN 2020 AND ONWARDS.

Source text for Eikon:  ID:nObi93SKWa 
Further company coverage:  MPCC.OL 

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