The 2022 guidance has been raised for the third time since the beginning of the year. Net profit is now expected to be $420-500m (vs $340-420m previously) thanks to the greater exposure to the tanker market with actually high rates and additional gains on the disposal of vessels to a lesser extent. It reinforces our expectation of a high dividend with respect to FY2022.
20 Jun 2022
Upwards revision of 2022 net profit
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Upwards revision of 2022 net profit
- Published:
20 Jun 2022 -
Author:
Hélène Coumes -
Pages:
2
The 2022 guidance has been raised for the third time since the beginning of the year. Net profit is now expected to be $420-500m (vs $340-420m previously) thanks to the greater exposure to the tanker market with actually high rates and additional gains on the disposal of vessels to a lesser extent. It reinforces our expectation of a high dividend with respect to FY2022.