Interim report, 12 months, 1 January – 31 December 2014

19 February 2015

• Strong market growth during the quarter
• Agreement with ExxonMobil extended
• Charter of Suezmax vessels (50%)
• Pool formed together with Stena Bulk
• Profit before tax of SEK 16.5 (–39.0) million for the full year 2014
• The Board will propose to the AGM that no dividend be paid



Events after the reporting period

• Charter of an additional Suezmax vessel (50%)

Total income, SEK 531.2 million (467.8)
EBITDA, SEK 201.0 million (144.7)
Operating result, SEK 56.3 million (0.4)
Result after tax, SEK 8.6 million (-28.8)
Result per share, SEK 0.18 (-0.60)
EBITDA, USD 29.3 million (22.2)
Available liquid funds(1) SEK 233.5 million (242.1)

(1) Including unutilized available credit facilities

Concordia Maritime press release


Stena President