Earnings Poll: Norway's Stolt-Nielsen Q1 EBIT seen up 5 pct
09/04/2018 14:54
* Stolt-Nielsen first-quarter results
* Due on April 12
OSLO, April 9 (Reuters) - Following is a summary of analyst estimates for Oslo-listed chemical tanker firm
Stolt-Nielsen's SNI.OL results in the first quarter of 2018, and full years 2018, 2019 and 2020 (in millions of
dollars, except earnings per share and dividend which are in dollars, and target share price in Norwegian crowns):
2017/18:Q1 Yr Ago Change% Prev.Q
Mean Median High Low No
Revenue 508 515 529 471 5 476 6.79 507
EBITDA 120 121 132 106 4 116 3.27 122
EBIT (Excl. Non-recurring Items) 51.0 51.0 63.0 41.5 5 50.5 0.91 52.7
Non-recurring items 0.00 0.00 0.00 0.00 5 -2.00 n/a -14.4
EBIT 51.0 51.0 63.0 41.5 5 48.4 5.29 38.3
- Parcel Tankers 26.8 27.4 32.0 20.4 4 28.5 -6.04 20.4
- Terminals 15.3 15.4 18.0 12.4 4 16.7 -8.38 5.40
- Tank Containers 15.5 16.5 17.0 12.1 4 9.00 72.56 17.0
- Sea farm 0.03 0.55 2.00 -3.00 4 -1.20 n/a 4.90
- Eliminations, Corporate & other businesses -6.68 -6.50 -3.90 -9.80 4 -4.40 -51.82 -9.40
Pretax Profit 17.4 17.0 32.0 8.40 5 17.6 -1.14 4.20
Net Profit 39.7 40.0 52.0 32.7 5 15.2 161.05 1.10
EPS 0.64 0.65 0.84 0.53 5 0.25 156 0.02
2017/18 Yr Ago Change%
Mean Median High Low No
Revenue 2 096 2 102 2 126 2 052 4 1 997 4.95
EBITDA 495 487 534 473 4 473 4.67
EBIT (Excl. Non-recurring Items) 225 216 262 208 4 210 7.04
Non-recurring items 0.00 0.00 0.00 0.00 4 -15.8 n/a
EBIT 225 216 262 208 4 194 15.74
Pretax Profit 96.8 85.5 144 72.0 4 62.4 55.05
Net Profit 107 99.5 143 86.0 4 50.3 112.72
EPS 1.73 1.61 2.31 1.39 4 0.81 113.58
Dividend per share 0.75 0.75 1.00 0.50 4 0.75 0
Net Debt 2 342 2 345 2 407 2 272 4 2 562 -8.59
2018/19
Mean Median High Low No
Revenue 2 169 2 170 2 210 2 127 4
EBITDA 534 536 570 492 4
EBIT (Excl. Non-recurring Items) 266 276 298 216 4
Non-recurring items 0.00 0.00 0.00 0.00 4
EBIT 266 276 298 216 4
Pretax Profit 144 153 189 81.0 4
Net Profit 125 138 155 68.0 4
EPS 2.02 2.23 2.50 1.10 4
Dividend per share 0.88 1.00 1.00 0.50 4
Net Debt 2 185 2 132 2 422 2 055 4
2019/20
Mean Median High Low No
Revenue 2 247 2 259 2 307 2 174 3
EBITDA 558 573 601 500 3
EBIT (Excl. Non-recurring Items) 279 296 317 224 3
Non-recurring items 0.00 0.00 0.00 0.00 3
EBIT 279 296 317 224 3
Pretax Profit 166 196 213 88.0 3
Net Profit 143 175 180 75.0 3
EPS 2.32 2.83 2.91 1.21 3
Dividend per share 1.17 1.00 2.00 0.50 3
Net Debt 1 966 1 749 2 419 1 730 3
NOTES:
- Data provided by Inquiry Financial Europe AB (http://www.consensusestimates.com)
- "No." denotes the number of estimates
- The following brokerages and investment banks participated:
Firm Target price Outlook
Norne Securities 125 Buy
Clarksons Platou Securities 157 Buy
DNB Markets 143 Buy
Pareto Securities 130 Buy
SEB Equities n/a n/a
(Reporting by Camilla Knudsen)
((camilla.knudsen@thomsonreuters.com; +47 2331 6595; Reuters Messaging:
camilla.knudsen.thomsonreuters.com@reuters.net))
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