Brief: Odfjell Q4 EBITDA USD 41 Mill, Compared With USD 37 Mill Previous Quarter 2017

Odfjell SE

15/02/2018 06:14

Feb 15 (Reuters) - ODFJELL SE  ODF.OL : 
    * Q4 EBITDA OF USD 41 MILL, COMPARED WITH USD 37 MILL 
PREVIOUS 
QUARTER 2017 
    * SAYS PROPOSES A DIVIDEND OF NOK 1.50 PER SHARE FOR 2017  
    * Q4 NET PROFIT  $96.4 MILLION (REUTERS POLL $124 MILLION) 
    * Q4 EBITDA $40.7 MILLION  (REUTERS POLL $31.4 MILLION) 
    * Q4 NET RESULTS OF PROFIT USD 96 MILL COMPARED TO LOSS USD 
11 
MILL PREVIOUS QUARTER 2017 
    * "WE EXPECT 1Q18 TIMECHARTER RESULTS TO BE MARGINALLY 
BETTER THAN 
4Q17" 
    * "WE EXPECT THE CHALLENGING MARKETS TO CONTINUE INTO 
2018" 
    * "EXPECT THAT 2018 WILL BE A TURNING POINT DUE TO IMPROVING 
FUNDAMENTALS" 
    * "WE EXPECT ODFJELL TERMINALS 2018 RESULTS TO BE IN LINE 
WITH 
RESULTS IN 2017, HOWEVER WITHOUT CONTRIBUTION FROM DIVESTED 
SINGAPORE TERMINAL" 
 
Source text for Eikon:  ID:nGNE1t8Rz7  
Further company coverage:  ODF.OL  
 
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