Stena AB’s Ferry Division Is Strong Performer In the Group
Stena AB key figures for first nine months
Profit Before Tax = SEK 192 million (SEK 1,076 million)
Consolidated EBITDA, excluding net gain on sale of assets and change in fair value of investment Properties = SEK 5,938 million (SEK 3,856 million)
Consolidated EBITDA, including net gain on sale of assets and change in fair value of investment Properties = SEK 7,098 million (SEK 6,775 million)
Ferry Operation Stena Line (for the first nine months)
Improved and all-time high EBITDA compared to last year, mainly due to increased car volumes, passenger- and freight volumes.
EBITDA = SEK 2,958 million (SEK 2,490 million)
Increased EBITDA mainly due to stronger rates in all tanker segments compared to last year together with more operational days and higher rates for the LNG vessels.
Strong contract coverage and utilisation rate across the roro fleet, offset by lower charter income as a result of vessels sold in 2018.