Brief: Odfjell Q1 EBITDA At $34 Million

Odfjell SE

09/05/2018 06:09

May 9 (Reuters) - ODFJELL SE  ODF.OL :
    * REG-BUSY QUARTER FOR ODFJELL SE IN A CONTINUED CHALLENGING
CHEMICAL TANKER MARKET
    * Q1 EBITDA OF USD 34 MILL, COMPARED WITH USD 41 MILL IN 4Q
17
    * SAYS EXPECTS A GRADUAL PICK-UP FROM 2H 2018 WITH DEMAND
OUTGROWING NEW ADDITIONS TO THE FLEET.
    * DELIVERIES TO THE SWING TONNAGE FLEET IS PROJECTED TO
DECLINE IN
PACE FROM 2H 2018.
    * Q1 NET RESULTS OF USD -12 MILL COMPARED TO USD 104 MILL IN
LAST
QUARTER

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

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