SN6 Stolt-Nielsen Ltd.

Stolt-Nielsen to host Capital Markets Day Today, June 12, 2024

Stolt-Nielsen to host Capital Markets Day Today, June 12, 2024

LONDON, June 12, 2024 – Stolt-Nielsen Limited (Oslo Børs: SNI) announced that it will hold its Capital Markets Day 2024 today at 11.00 CET.

  • Opening, Niels G. Stolt-Nielsen, Chairman, Stolt-Nielsen​
  • Strategy​, Udo Lange, Chief Executive Officer, Stolt-Nielsen​
  • Stolt Tankers​, Maren Schroeder, Chief Operating Officer and Bjarke Nissen, Chief Commercial Officer, Stolt Tankers​
  • Stolthaven Terminals​, Guy Bessant, President, Stolthaven Terminals​
  • Stolt Tank Containers​, Hans Augusteijn, President, Stolt Tank Containers​
  • Stolt Sea Farm​, Jordi Trias, President, Stolt Sea Farm​
  • Stolt Investments​, Alex Ng, VP Corporate Development & Strategy, ​Stolt-Nielsen​
  • Capital Allocation, Jens F. Grüner-Hegge, Chief Financial Officer, ​Stolt-Nielsen
  • Closing and Q & A, Udo Lange, Chief Executive Officer, Stolt-Nielsen​

As part of today’s presentation Stolt Tankers has revised its second-quarter guidance for average time-charter equivalent earnings to increase by 8-10% versus first quarter 2024 (up from a previously anticipated 6-8% increase as per the first-quarter results presentation).

The presentation can be viewed at . A recording of the event will also be available via this link from Friday, June 14, 2024.

For additional information please contact:

Ellie Davison

Head of Corporate Communications

UK +44 (0) 20 7611 8926

Jens F. Grüner-Hegge

Chief Financial Officer

U.K. +44 (0) 20 7611 8985

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act

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EN
12/06/2024

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Reports on Stolt-Nielsen Ltd.

Jørgen Lian
  • Jørgen Lian

Stolt-Nielsen (Buy, TP: NOK567.00) - Exceptional market likely to pers...

We believe Stolt-Nielsen is well positioned to capitalise on the strong market for Tankers, with an above-average spot exposure allowing for healthy COA renewals. Furthermore, we see potential for the super-cycle to persist on a 10% orderbook-to-fleet and average fleet age of >17 years. Thus, we estimate an appealing 16% average earnings yield until 2026. We reiterate our BUY and have raised our target price to NOK567 (555).

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