Euronav announces final year results 2017
21 Mar 2018 08:15 CET
Issuer
CMB.TECH
EURONAV ANNOUNCES FINAL YEAR RESULTS 2017
HIGHLIGHTS
- Challenging freight market driven by ship oversupply & OPEC restrictions
- Medium term drivers for tanker market remain positive
- Established returns to shareholder policy with minimum USD 0.12 per annum
- Balance sheet strength retained with substantial liquidity to navigate the cycle
- Proposed merger with Gener8 Maritime creates leading independent crude tanker company with 75 tankers - scheduled to close Q2 2018
Rest of press release in attachment
Source
Euronav
Provider
Euronext
Company Name
CMB.TECH
ISIN
BE0003816338
Symbol
CMBT
Market
Euronext