Brief: Nordic Shipholding Q2 EBIT down at $1.8 million

Nordic Shipholding A/S

30/08/2016 06:13

Aug 30 (Reuters) - Nordic Shipholding A/S  NORDIC.CO : 
    * Q2 TCE revenue $7.9 million versus $7.7 million year ago 
    * Q2 EBIT $1.8 million versus $2.0 million year ago 
    * Board has revised downwards the forecast for 2016 previously indicated in the 2015 Annual 
Report 
    * Expects 2016 TCE revenue from 5 product tankers in pools and time-charter income from 
Nordic Anne to be in region of $29.0 million - $31.0 million 
    * 2016 EBITDA is expected to be in range of $12.0 million - $14.0 million, a reduction from 
$17.0 million - $20.0 million 
    * 2016 result before tax is expected to be between $2.0 million - $4.0 million, decreased 
from $7.0 million - $9.0 million 
 
Source text for Eikon:  ID:nCSE6sqm  
     
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