Brief: Odfjell Q1 EBIT USD 8 Million

Odfjell SE

06/05/2021 06:05

May 6 (Reuters) - Odfjell SE  ODF.OL :
    * ODFJELL SE: FIRST QUARTER 2021 RESULTS IMPACTED BY
SEASONALITY
AND WEATHER
    * Q1 EBIT OF USD 8 MILLION COMPARED TO USD 18 MILLION IN
4Q20
    * Q1 NET RESULT OF USD -16 MILLION COMPARED TO USD -3
MILLION IN
4Q20
    * TEMPORARY BLOCKING OF SUEZ CANAL HAD MINOR IMPACT ON
OPERATIONS
    * ON TRACK TOWARDS SET COMPANY GOAL FOR 2030
    * Q1 OF 2021 WAS IMPACTED BY A CHALLENGING CHEMICAL TANKER
MARKET
WITH DISRUPTIONS IN SUPPLY CHAINS DUE TO EXTRAORDINARY WEATHER
CONDITIONS AND COVID-19, AND A WEAK CPP MARKET
    * WE EXPECT TO REPORT IMPROVED RESULTS IN 2Q21

Source text for Eikon:  ID:nObiDH9rza 
Further company coverage:  ODF.OL 

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