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 extraordinary items totalling SEK 179.3 million
•Business operations proceeded according to plan and generated, despite a very weak market, a profit of SEK 68.0 million for the whole period
•The Stena Progress was delivered at the end of Q3 and entered into a 5-year charter with Total and in October, the V-MAX tankers were redelivered to General Maritime.
Concordia Maritime invites you to a teleconference on 29 October, 2009, 10:00 CET.
The Interim Report for Q3 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 +44 (0)20 7031 4064
+46 (0) 8 5052 0333
Code: 848925