Brief: Odfjell SE Q2 EBITDA Up At $57 MILLION Q/Q

Odfjell SE

21/08/2019 08:34

Aug 21 (Reuters) - Odfjell SE  ODF.OL :
    * REG-ODFJELL SE 2Q19: IMPROVED RESULTS FROM ODFJELL TANKERS AS SPOT AND COA RATES BEGIN TO
RECOVER
    * Q2 EBITDA OF USD 50 MILLION FROM ODFJELL TANKERS COMPARED WITH USD 40 MILLION IN 1Q19.
    * Q2 EBITDA OF USD 57 MILLION, COMPARED WITH USD 47 MILLION IN 1Q19
    * WE EXPECT NEXT QUARTER TO BE SLIGHTLY AFFECTED BY SEASONAL SLOWDOWN IN CHEMICAL TANKER
MARKET,
BUT WE STILL EXPECT TO REPORT FIGURES IN LINE WITH Q2
    * Q2 NET RESULT OF USD -10 MILLION COMPARED TO USD -15 MILLION LAST QUARTER

Source text for Eikon:  ID:nGNE5CGPDw 
Further company coverage:  ODF.OL 

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