SN6 Stolt-Nielsen Ltd.

Stolt-Nielsen Limited to Present the Results for the Third Quarter of 2024

Stolt-Nielsen Limited to Present the Results for the Third Quarter of 2024



Stolt-Nielsen Limited to Present the Results for the Third Quarter of 2024

LONDON, September 26, 2024 - Stolt-Nielsen Limited (Oslo Børs: SNI) will host a presentation to discuss the Company’s unaudited results for the third quarter of 2024 on Wednesday, October 2, 2024 at 15:00 CEST (09:00 EDT, 14:00 BST).

The presentation will be hosted by:

-        Mr. Udo Lange - Chief Executive Officer, Stolt-Nielsen Limited



-        Mr. Jens F. Grüner-Hegge - Chief Financial Officer, Stolt-Nielsen Limited



-        Mr. Alex Ng - Vice President Strategy & Business Development, Stolt-Nielsen Limited

For investors, analysts and journalists who wish to attend in person, the presentation is being held at SEB, Filipstad Brygge 1, 0252 Oslo, Norway.



Those who wish to participate in the live presentation online may access it here:



The presentation will be published on our website:

-nielsen.com/investors/financial-results/



For additional information please contact:

Jens F. Grüner-Hegge

Chief Financial Officer

UK +44 (0) 20 7611 8985

Alex Ng

Vice President Strategy & Business Development

UK +44 (0) 2076118913

Ellie Davison

Head of Corporate Communications

UK +44 (0) 20 7611 8926

About Stolt-Nielsen Limited

Stolt-Nielsen (SNL or the Company) is a long-term investor and manager of businesses focused on opportunities in logistics, distribution and aquaculture. The Stolt-Nielsen portfolio consists of its three global bulk-liquid and chemicals logistics businesses - Stolt Tankers, Stolthaven Terminals and Stolt Tank Containers, Stolt Sea Farm and various investments. Stolt-Nielsen Limited is listed on the Oslo Stock Exchange (Oslo Børs: SNI).

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



EN
26/09/2024

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Reports on Stolt-Nielsen Ltd.

Jørgen Lian
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Stolt-Nielsen (Buy, TP: NOK530.00) - Bullish sentiment to reawaken

We believe the tanker market should improve from recent softness and see solid rates towards end-2024e and into 2025–2026e, with chemical tanker rates to be fuelled by improving chemical trade, a still healthy orderbook, and reduced swing tonnage. We calculate a 19% average 2025–2026e earnings yield, and believe Stolt-Nielsen screens as an appealing tanker exposure, trading at a 2025–2026e average EV/EBITDA of 4.1x (tanker peer group: 4.6x). We reiterate our BUY, but have cut our target price to...

ABGSC Shipping & Transport Research ... (+4)
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Q4 tanker estimates down on lower guidance. ABGSCe in line with cons. for '25e EBITDA. TP NOK 515 (521), BUY.

ABGSC Shipping & Transport Research ... (+4)
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  • Martin Mauseth
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  • Petter Haugen

Q3 miss and guides for lower TCE in Q4

Adj. EBITDA of USD 208m 4% below cons, 7% below ABGSCe. Segments: Terminals and Containers above expectations, Tankers and Sea Farm below. Guides for "lower" Tanker TCE, share to trade down 2-4%.

 PRESS RELEASE

Stolt-Nielsen Limited Reports Unaudited Results For the Third Quarter ...

Stolt-Nielsen Limited Reports Unaudited Results For the Third Quarter and Nine Months of 2024 Continued strong performance in 2024 year-to-date, as we focus on our ‘Simply the Best’ strategy LONDON, October 02, 2024 – Stolt-Nielsen Limited (Oslo Børs ticker: SNI) today reported unaudited results for the third quarter and the nine months ending August 31, 2024. The Company reported a third-quarter net profit of $99.2 million with revenue of $732.8 million, compared with a net profit of $90.1 million with revenue of $694.4 million in the third quarter of 2023. The net profit for the first ni...

ABGSC Shipping & Transport Research ... (+4)
  • ABGSC Shipping & Transport Research
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Chemical tanker rates in seasonal decline, but still up y-o-y. ABGSCe +7% vs. cons. '25e EBITDA. TP NOK 521 (535), BUY.

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