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J Lauritzen A/S Narrows FY 2013 EBITDA Guidance and Maintains FY 2013 Net Result Outlook


Thursday, 14 Nov 2013 07:41am EST 

J Lauritzen A/S announced that EBITDA for the full fiscal year 2013 including discontinued operations is expected to be USD 50-60 million and thus in the higher end of the earlier communicated range of USD 40-60 million. The net result for the fiscal year 2013 is anticipated to remain unsatisfactory with an expected loss of USD (280-290) million, an improvement of USD 30 million compared to earlier announcement due to reversal of write-downs on product tankers and improved EBITDA. 

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25 Jul 2014