Independent journal on economy and transport policy
13:25 GMT+1
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Euronav has archived item the first trimester of this year with a net loss of 9,0 million dollars
The revenues are diminished of 2.4% to 108,7 million dollars
May 11, 2012
The Belgian armament Euronav has closed the first trimester of this year with a net loss of 9,0 million dollars on revenues for 108,7 million dollars respect to a profit clearly of 19,2 million dollars on revenues for 111,3 million dollars in the first three months of 2011. The fleet of tankers has produced to a net loss of 12,4 million dollars (useful of 16,0 million in the first trimester the 2011) and fleet of unit FSO (Floating Storage and Offloading) a profit of 3,4 million dollars (clearly useful of 3,2 million in first trimester 2011). The EBITDA is piled to 47,8 million dollars and the operating result to EBIT to 4,2 million dollars, against respective 72,7 million and 31,1 million dollars in the first trimester last year.
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