tiprankstipranks
Company Announcements

Stolt-Nielsen Reports Major Profit Surge in Q2

Stolt-Nielsen Reports Major Profit Surge in Q2

Stolt-Nielsen (SOIEF) has released an update.

Stolt-Nielsen Limited announced a significant increase in its second-quarter net profit for 2024, reaching $100.2 million compared to $8.3 million in 2023, with overall first-half revenues rising to $1,448.5 million. Key performance highlights include a substantial rise in consolidated EBITDA and an increase in earnings per share to $1.87. The company’s various divisions, including Stolt Tankers and Stolthaven Terminals, reported increased operating profits, while Stolt Tank Containers rebounded from a previous loss.

For further insights into SOIEF stock, check out TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1