Brief: MPC End-Q1 Order Backlog $0.9 Bln

Mpc Container Ships ASA

28/05/2024 06:17

May 28 (Reuters) - MPC Container Ships ASA  MPCC.OL :
    * MPC CONTAINER SHIPS ASA - REMAIN COMMITTED TO PROVIDING
STRONG
SHAREHOLDER RETURNS
    * MPC CONTAINER SHIPS ASA - WE ENDED QUARTER WITH A CHARTER
BACKLOG OF USD 0.9 BILLION
    * MPC CONTAINER SHIPS ASA - ENDED Q WITH CONTRACT COVERAGE
FOR 84%
OF OPEN DAYS REMAINING FOR 2024 AND 47% FOR 2025
    * MPC CONTAINER SHIPS ASA - OUTLOOK 2024 EBITDA $280-305 
MILLION
VERSUS PREVIOUS VIEW $240-280 MILLION
    * MPC CONTAINER SHIPS ASA - OUTLOOK 2024 REVENUE $475-490 
MILLION
VERSUS PREVIOUS VIEW $435-470 MILLION
    * MPC CONTAINER SHIPS ASA - OUTLOOK REMAINS UNCERTAIN DUE TO
POTENTIAL RESOLUTION OF RED SEA CRISIS AND INCREASED SUPPLY OF
NEW VESSELS IN LARGER SEGMENTS, WHICH COULD CHANGE CURRENT
SUPPLY-DEMAND DYNAMICS

Source text for Eikon:  ID:nWkrch5Hjs 
Further company coverage:  MPCC.OL 

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