Brief: Nordic Shipholding Q1 EBITDA increases to $5.2 million

Nordic Shipholding A/S

27/05/2015 06:35

May 27 (Reuters) - Nordic Shipholding A/S  NORDIC.CO : 
    * Q1 TCE revenue $9.2 million versus $7.3 million year ago 
    * Q1 EBITDA $5.2 million versus $1.2 million year ago 
    * Sees 2015 EBITDA to be in the range of $13.0 million - $16.0 million while result before 
tax is expected to be between $3.0 million - $6.0 million 
    * The group does not expect any write-downs of vessels' carrying value unless significant 
weakness in the product tanker sector sets in 
    * Says barring unforeseen circumstances, group expects TCE revenue from 5 product tankers in 
pool and time-charter income from Nordic Anne to be in region of $29.0 million - $32.0 million 
for 2015 
 
 
    Source text for Eikon:  ID:nCSE5RPm  
 
    Further company coverage:  NORDIC.CO  
 
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