Torm PLC's stock surged 5.59% in pre-market trading on Thursday, following the release of the company's annual report for 2024 and financial outlook for 2025.
The Danish product tanker company reported a strong performance in 2024, with time charter equivalent (TCE) earnings of $1.13 billion and an EBITDA of $851 million. Torm's net profit for the year stood at $612 million, driven by increased ton-mile demand and a favorable supply-demand balance in the product tanker market.
However, Torm cautioned that the market dynamics had shifted in the latter part of 2024, signaling potential challenges ahead. As a result, the company expects lower TCE earnings of $650-950 million and EBITDA of $350-650 million in 2025, reflecting the unpredictable geopolitical changes and their impact on the industry.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。