International shipping company

Concordia Maritime

Concordia Maritime is an international tanker shipping company focusing on the transportation of crude oils, oil products, chemicals, and vegetable oils. The company owns a fleet of ten P-MAX product tankers, two IMOIIMAX chemical/product tankers, one Suezmax, and shares in six-contracted MR (ECO)-vessels. Concordia’s position within the Stena Sphere helps the company to achieve meaningful access to financing and top-tier operational competence.

Financials

CONCORDIA MARITIME

SEKm 2017 2018 2019
Sales 828 973 1129
Sales growth (%) -20,3 17,6 16,1
EBITDA 51 83 312
EBITDA margin (%) 6,2 8,6 27,6
EBIT adj -625 -99 60
EBIT adj margin (%) -75,5 -10,1 5,4
Pretax profit -660 -106 37
EPS rep -13,83 -2,21 0,77
EPS growth (%) -1052,4 84 134,6
EPS adj -3,9 -2,21 0,77
DPS 0 0 0
EV/EBITDA (x) 34,4 21 4,6
EV/EBIT adj (x) -2,8 -17,7 23,8
P/E (x) -0,9 -4,6 13,4
P/E adj (x) -3,2 -4,6 13,4
EV/sales (x) 2,1 1,8 1,3
FCF yield (%) 72,1 -19 63,6
Dividend yield (%) 0 0 0
Net IB debt/EBITDA 22,8 15,1 3