Third Quarter 2014 highlights Increased quarterly dividend to USD 0.1375 per share Increase of 0.75 cents or 5.8% versus Q2 USD 0.55 per share annualized, representing a yield of 8.7% p.a. EBITDA was USD 54.2 million compared to USD…
Attractive and diversified portfolio of oil service and industrial shipping assets Oil service assets Industrial shipping and other assets Floating Production Car Carriers (PCTCs) Storage Offloading (FPSO) 2x 8,500 CEU newbuilds 2x…
All vessels on long term charter with USD 2.2 billion in contracted EBITDA Unit Type Built Counterparty 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 Hegh XS1462F PCTC 2016 Hegh Autoliners Hegh XSI462E PCTC…
Strong sector diversification Contracted EBITDA per segment* AHTS Seismic 10.0 % 0.3 % Gas 14.3 % Subsea 36.2 % Car Carriers 19.6 % FPSO 19.7 % *Per end Q3 2014. EBITDA as reported, incl. mob. fees. Figures are based on…
Aker Wayfarer Modification and contract extension Background: Aker Oilfield Services (AKOFS) awarded a 5+5 year contract with Petrobras to provide subsea services offshore Brazil. Upgrade: Investment of USD 89-98m to become a…
Successful delivery of our fourth car carrier Vessel: Hegh Jeddah Delivery: 5th of September 2014 Yard: DSME Mangalia, Romania Capacity: 6,500 car equivalent units Charterer: Hegh Autoliners Term: 12 year hell & high water…
Development in EBITDA and net profit EBITDA per quarter (USDm) 55.6 52.7 53.2 55.4 54.2 Q3 EBITDA was 48.8 50.6 38.1 39.4 USD 57.1m, adjusted for non- Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 recurring items. 2012 2013 2014 Net profit**…
Adjusted Net Profit and Dividend per share Dividend yield Adj. Net profit per share, annualized basis (USD)** 0.74 0.64 0.76 0.78 0.78 8.7%* p.a Pay-out ratio on Q3 2013 Q4 2013 Q1 2014 Q2 2014 Q3 2014 adjusted Q3 EPS…
P&L Income statement Comments 3rd Quarter 3rd Quarter Jan - Sep Jan - Sep Amounts in USD million 2014 2013 2014 2013 Other operating expenses: Includes a USD 2.9 million Operating revenues 65.4 61.8 187.2 178.4 non-recurring…
Net profit after tax adjusted for non-recurring items Adjustments Comments 2nd Quarter 3rd Quarter Amounts in USD million 2014 2014 Profit after tax 17.1 24.5 - One-off adjustment to Financial Income - - - One-off adjustment to…
Balance sheet Balance sheet 30 September 30 September 30 September 30 September Amounts in USD million 2014 2013 Amounts in USD million 2014 2013 ASSETS Total Equity 710.0 687.8 Vessels and equipment 1 194.6 1 304.0 Interest-bearing…
Strategy and outlook Increased quarterly dividend by 5.8% to 13.75 cents per share Substantial capacity to further increase dividends Committed investments of USD 1.2bn since establishment, of which USD 430m committed YTD, which…