Consistent EBITDA Performance
Achieved EBITDA over $200 million for a sixth consecutive quarter, demonstrating strong financial performance amidst fluctuating market conditions.
Stolt Sea Farm Revenue Growth
Operating revenue at Stolt Sea Farm increased by 15% year-over-year, with strong volumes and prices for turbot and sole, leading to a 45% increase in operating profit.
Strategic Investments for Future Growth
Invested in fleet expansion, including four C4s and acquiring the remaining 50% stake in C33 joint venture vessels. Additionally, expanded Malaysian terminal capacity by 33%.
Sustainability Recognitions
Achieved gold ratings from EcoVadis for all logistics businesses, reflecting strong sustainability efforts.
Improved Balance Sheet Metrics
Reduced net debt-to-EBITDA ratio to 2.2, providing financial flexibility and strong liquidity position.