June 19, 2018 8:29 PM ET

Marine

Company Overview of Odfjell Terminals AS

Company Overview

Odfjell Terminals AS is a holding company, which through its subsidiaries provides chemical tanker shipping and tank storage services. The company was founded in 2000 and is based in Bergen, Norway. Odfjell Terminals AS operates as a subsidiary of Odfjell SE.

Conrad Mohrs veg 29

Bergen,  5892

Norway

Founded in 2000

Phone:

47 55 27 00 00

Fax:

47 55 28 47 41

Key Executives for Odfjell Terminals AS

Odfjell Terminals AS does not have any Key Executives recorded.

Odfjell Terminals AS Key Developments

Odfjell Terminals Reports Unaudited Earnings Results for the First Quarter of 2018; Provides Earnings Guidance for the Year 2018

Odfjell Terminals reported unaudited earnings results for the first quarter of 2018. For the period, the company reported revenue of USD 25.2 million compared to USD 27.8 million a year ago. EBITDA was USD 6.3 million compared to USD 9.5 million a year ago. EBITA was decreased from previous quarter, mainly due to the sale of the Singapore terminal in December 2017, but is also related to lower storage and PID revenue at Rotterdam terminal. The company expects results to be stable throughout 2018.

Odfjell Terminals Reports Unaudited Earnings Results for the Fourth Quarter and Year Ended December 31, 2017

Odfjell Terminals reported unaudited earnings results for the fourth quarter and year ended December 31, 2017. For the quarter, the company reported revenues of USD 27.8 million against USD 30.7 million a year ago. EBITDA was USD 9.8 million against USD 10.8 million a year ago. EBIT was USD 116.7 million against USD 41.6 million a year ago. Net result was USD 125.0 million against USD 36.8 million a year ago. For the year, the company reported revenues of USD 110.1 million against USD 122.7 million a year ago. EBITDA was USD 38.3 million against USD 46.5 million a year ago. EBIT was USD 119.0 million against USD 52.6 million a year ago. Net result was USD 121.9 million against USD 38.7 million a year ago.

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