Concordia: Interim Report 1 January - 30 September, 2007.STOCKHOLM, Sweden -- Regulatory News: * Net sales Net Sales The amount a seller receives from the buyer after costs associated with the sale are deducted. Notes: This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight : SEK SEK In currencies, this is the abbreviation for the Swedish Krona. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 339.3 (256.4) million * Profit after tax: SEK 31.5 (48.0) million * Profit per share: SEK 0.66 (1.01) * Despite a weak market, the product tanker segment posted an operating result (EBIT EBIT See: Earnings Before Interest and Taxes EBIT See earnings before interest and taxes (EBIT). ) of SEK 21.7 million for the third quarter. The large tanker segment generated an operating result (EBIT) of SEK -6.1 million for the third quarter. * Forecast for 2007: A profit before tax of SEK 65 million corresponding to SEK 1.36 per share. For the full report, please see attached pfd. http://wpy.waymaker.net/client/waymaker1/WOLReleaseFile. aspx?id=579447&fn=wkr0008.pdf (Due to its length, this URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.) Concordia Maritime (STO:CCORB) is an international tanker shipping company listed on the OMX OMX Office Max (stock symbol) Nordic Exchange in Stockholm. The company has ordered ten tankers, which are being built in accordance with the MAX concept. These vessels, P-MAX, are product tankers of about 65,200 dwt. The MAX concept means that the vessels are designed for maximum loading capacity in shallow waters. They have been designed according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a new concept for safer oil transportation with double main engines in two completely separate engine rooms, double rudders and steering gear, two propellers and double control systems. www.concordia-maritime.se This information was brought to you by Cision http://newsroom.cision.com |
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