Concordia Maritime: Year-End Report, 1 January-31 December 2020
Market remains weak
- Total income
Q4: SEK 165.7 (317.6) million
12 months: SEK 1,025.8 (1,140.2) million
- EBITDA
12 months: SEK 277.8 (249.5) million
- Result before tax
12 months: SEK -65.1 (-102.3) million
- Result per share after tax
12 months: SEK -1.38 (-2.15)Events in the fourth quarter
- Two scheduled drydockings completed
- Financing of installation of ballast water management system and refinancing of credit facility
- The Board proposes to the AGM a dividend of SEK 0 (0) per share
- Martin Nerfeldt new CFO and member of Group management
- Total income, SEK million: 1,025.8 (1,140.2)
- EBITDA, SEK million: 277.8 (249.5)
- EBITDA, USD million: 30.2 (26.4)
- Operating result, SEK million: 32.6 (-0.4)
- Result before tax, SEK million: -65.1 (-102.3)
- Result after tax, SEK million: -66.0 (-102.6)
- Equity ratio, %: 28 (29)
- Return on equity, %: -6 (-9)
- Available liquid funds, including unutilised credit facilities, SEK million: 378.0 (354.8)
- Result per share after tax, SEK: -1.38 (-2.15)
- Equity per share, SEK: 16.66 (22.12)
- Lost-time injuries: 2 (1)
This information is information that Concordia Maritime Aktiebolag (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out below, on 28 January 2021, at 13.00 CET.