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Hafnia – Presentation of H1 2024

By Rasmus KøjborgHead of Research, Stables
Hafnia

You can already now sign up for the event and send in your questions. You don’t have to participate live to send in questions for the event.

We have the pleasure of inviting you to a presentation of Hafnia’s H1 2024 report that will be published on Friday 23 August 2024. The presentation will take place the same day at 09.30 a.m. and representing Hafnia is CEO Mikael Skov.

Hafnia is not giving guidance, either on a full-year or quarterly basis. For Q2 2024 consensus expectations according to Capital IQ among 5 analysts are for a TCE Income of USDm 408 while EBITDA and Net Income are expected at USDm 306 and USDm 243 respectively.

Hafnia has paid quarterly dividends since Q1 in 2022. They are expected to do the same for Q2 2024 where consensus expectations currently are for a dividend of USD 0.3373 per share equal to NOK 4.38 giving a yield of 5.5% at the current share price of NOK 79.45. In the most recent Q1 2024 the quarterly dividend was USD 0.3443 per share equal to a pay-out ratio of 80%.

Disclaimer: HC Andersen Capital receives payment from Hafnia for a Digital IR/Corporate Visibility subscription agreement. /Rasmus Køjborg, CFA 11:51 a.m. on 06/08-2024

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