Concordia Maritime: Interim Report 1 January-30 September 2009.*Net turnover 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. 488.1 (391.9) million *Profit after tax SEK -111.3 (55.8) million includes extraordinary items totaling SEK 179.3 million *Profit per share SEK -2.33 (1.17) *EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) A metric used to show a company's profitability, but not its cash flow. EBITDA became popular in the 1980s to show the potential profitability of leveraged buyouts, but has become of USD USD In currencies, this is the abbreviation for the U.S. Dollar. 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. 15.1 (18.1) million *Available funds (including unutilized credit facilities credit facilities npl → facilidades fpl de crédito credit facilities npl → facilités fpl de paiement credit facilities ) total SEK 585.4 (576.7) million *The forecast result before tax for 2009 amounts to SEK -100 million (-2.10 per share) and includes extraordinary items totalling SEK 179.3 million *Business operations Business operations are those activities involved in the running of a business for the purpose of producing value for the stakeholders. Compare business processes. The outcome of business operations is the harvesting of value from assets proceeded according to plan and generated, despite a very weak market, a profit of SEK 68.0 million for the whole period *The Stena Progress was delivered at the end of Q3 and entered into a 5-year charter with Total and in October, the V-MAX tankers were redelivered to General Maritime. STOCKHOLM -- Regulatory News: Concordia Maritime (STO:CCORB) invites you to a teleconference on 29 October, 2009, 10:00 CET CET abbr. Central European Time CET Central European Time CET n abbr (= Central European Time) → hora de Europa central CET abbr . The Interim Report for Q3 2009 will be presented and questions answered. Attending: Hans Noren, President Goran Hermansson, Financial Manager Phone: +44 (0)20 7162 0077 or +46 (0)8 5052 0110 Conference title: Concordia Maritime Recorded conference is available until 5 November 2009. Phone +44 (0)20 7031 4064 +46 (0) 8 5052 0333 Code: 848925 Concordia Maritime AB (publ) is an international tanker shipping company listed on the Nasdaq 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. Seven P-MAX-vessels have been delivered and three will be delivered during 2010. 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 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://www.cisionwire.com |
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