Releases - Concordia Maritime

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2009

 

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Interim Report 1 January-30 September 2009

10/28/2009 9:30 AM EST
•Net turnover SEK 488.1 (391.9) million •Profit after tax SEK –111.3 (55.8) million includes extraordinary items totaling SEK 179.3 million •Profit per share SEK –2.33 (1.17) •EBITDA of USD 15.1 (18.1) million •Available funds (including unutilized credit facilities) total SEK 585.4 (576.7) million •The forecast result before tax for 2009 amounts to SEK –100 million (–2.10 per share) and includes...

TELECONFERENCE INVITATION

10/26/2009 12:18 PM EST
Concordia Maritime invites you to a teleconference on
29 October, 2009, 10:00 CET.
The Interim Report for Q3 2009 (published 28 October, 2009)
will be presented and questions answered.

Attending:
Hans Norén, President
Göran Hermansson, Financial Manager
Phone: +44 (0)20 7162 0077 or
+46 (0)8 5052 0110
Conference title: Concordia Maritime

Recorded conference is available until 5 November 2009.
Phone...

Delivery of P-MAX Stena Progress from Brodosplit

9/24/2009 4:43 AM EST
Yesterday Concordia Maritime took delivery of the product tanker Stena Progress from Brodosplit Shipyard, Croatia. The vessel has been signed to a 5-year time charter with the French oil and energy company Total to transport refined products. The Stena Progress, a so-called P-MAX tanker, is the seventh in a series of ten units ordered. She was named on 3 September at Brodosplit.

P-MAX Stena Progress named in Split

9/4/2009 8:55 AM EST
Yesterday Concordia Maritime’s product tanker Stena Progress was named at Brodosplit Shipyard in Split. On delivery, the vessel will enter a 5-year charter with the French energy company Total. The Stena Progress is the seventh tanker of ten in the so-called P-MAX series. The godmother was Mrs Wei Ling Sim, Chartering Manager at Total in Singapore. The master is Captain Steven Targett.

Concordia Maritime sells shareholding in US shipping company General Maritime

8/28/2009 2:37 AM EST
Affects the forecast result before tax for 2009 but not the company’s financial position and investment capacity
Concordia Maritime has sold its holding of 1.5 million shares in the US shipping company General Maritime. As the shares had already been written down to their market value, the sale only marginally affects the company’s equity and total comprehensive income. However, in accordance with IFRS’...

Interim Report 1 January-30 June 2009

8/12/2009 9:00 AM EST
Good earnings in a continuing weak market
• Net turnover: SEK 340.8 (257.7) million
• Profit after tax SEK 23.9 (39.3) million
• Profit per share: SEK 0.50 (0.82)
• EBITDA of USD 11.4 (11.6) million
• Available liquid funds (including un utilised credit facilities): SEK 532.7 (605.7) million
• Equity per share: SEK 39.41 (31-12-2008: SEK 41.21)
• Forecast for 2009: SEK 45 million, corresponding to SEK 0.94 per...

TELECONFERENCE INVITATION

8/11/2009 4:25 AM EST
Concordia Maritime invites you to a teleconference on
13 August, 2009, 10:00 CEST.
The Interim Report for Q2 2009 (published 12 August, 2009)
will be presented and questions answered.

Attending:
Hans Norén, President
Göran Hermansson, Financial Manager
Phone: +44 (0)20 7162 0077 or
+46 (0)8 5052 0110
Conference title: Concordia Maritime

Recorded conference is available until 20 August 2009.
Phone +44...

Press release from AGM Concordia Maritime AB (publ)

4/29/2009 9:36 AM EST
At the Annual General Meeting of Concordia Maritime AB held on 28 April, 2009, Dan Sten Olsson was re-elected as Chairman of the Board together with Stefan Brocker, Bert Åke Eriksson, C. Mikael von Mentzer (Vice Chairman), Morten Chr. Mo and Mats Jansson, who were also re-elected as board members, in accordance with the proposal presented by the nomination committee.

The meeting approved total fees of SEK...

Interim Report 1 Jan–31 March 2009

4/28/2009 8:45 AM EST
• Net sales: SEK 178.3 (132.7) million
• Profit after tax SEK 0.4 (20.4) million
• Profit per share: SEK 0.01 (0.43)
• EBITDA of USD 5.9 (6.2) million
• Available liquid funds (including unutilised credit facilities) SEK 712.5 (595.5) million
• Equity per share amount to SEK 39.99 (at year end 2008, 41.21)
• Forecast for 2009: SEK 45 million, corresponding to SEK 0.94 per share

• Business operations...

TELECONFERENCE INVITATION

4/24/2009 5:00 AM EST
Concordia Maritime invites you to a teleconference on 29 April, 2009, 15:00 CEST.
The Interim Report for Q1 2009 (published 28 April, 2009)
will be presented and questions answered.

Attending:
Hans Norén, President
Göran Hermansson, Financial Manager
Phone: +44 (0)20 7162 0077 or
+46 (0)8 5052 0110
Conference title: Concordia Maritime

Recorded conference is available until 6 May 2009.
Phone...

Concordia Maritime

Concordia Maritime is an international shipping company. Our focus is on the cost-efficient and safe transportation of refined petroleum products such as gasoline, diesel fuel and aviation fuel. The series B-share has be...

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