Report
Dennis Anghelopoulos ...
  • Lukas Daul

Concordia Maritime - Rates at opex, challening year ahead

We expect Q4’20 EBITDA of SEK 12m 2021e EBITDA reduced to SEK 66m (SEK 205m)
Underlying
Concordia Maritime AB Series B

Concordia Maritime is an international tanker shipping company which develops, builds, mans and charters vessels to customers with exacting demands on transport economy, flexibility and safety. Co.'s focus is on the transportation of refined petroleum products such as petrol, diesel fuel and aviation fuel. Co.'s activities are conducted in close cooperation with several of the companies in the Stena Sphere, giving Co. access to competence in all areas of shipping, from naval architecture and manning to technical operation, commercial operation, financing and marketing.

Provider
ABG Sundal Collier Sponsored
ABG Sundal Collier Sponsored

ABG Sundal Collier is the independent, Nordic investment banking powerhouse, developed over 30 years, founded on a hard working partnership culture and the ability to attract top talent.

Our strategy is to be an advisor and an intermediary, and the core product offering comprise corporate advisory services, corporate financing services and investor research and brokerage services.

Our corporate advisory team offers access to a broad financial and industrial network and unparalleled transaction experience. We provide financing to corporates through our superior Nordic and international distribution platform, and we are optimally structured for naturally matching trading flows, delivering best execution for clients.

The group employ approx. 250 staff working from the Nordic offices in Norway, Sweden and Denmark and in the offices in the key international markets US, UK and Germany. 


Analysts
Dennis Anghelopoulos

Lukas Daul

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