2022 highlights:
- Net result of USD 142 million, the strongest annual result since 2008
- EBIT of USD 224 million, compared to USD 47 million in 2021
- Total dividend of USD 66 million for FY 2022 based on the company’s new dividend policy
- Improved contract portfolio and a fourth consecutive year of positive CoA renewals for Odfjell Tankers
- Odfjell Terminals perform well, delivering healthy financial results and activity levels across the portfolio
- Decarbonization continues: Carbon intensity for Odfjell’s controlled fleet was reduced by another 5,5%, now 49% lower than the 2008 reference value
“2022 was yet another year of contrasts. Geopolitical tension and a persistent Covid pandemic led to global unpredictability and deeply affected our markets, operations, and people. At the same time, we experienced a year of encouraging market developments, strong fundamentals, and safe, efficient operations, leading to one of the strongest annual results in Odfjell’s history”
CEO Harald Fotland
Contents include:
- Financial statements & Notes – Odfjell Group and Odfjell SE
- The Board of Director’s report
- Business review from Odfjell Tankers, Ship Management and Odfjell Terminals
- ESG report
Hard copies can be ordered by contacting media@odfjell.com.
Contacts:
Nils Jørgen Selvik, VP Corporate Analysis & IR
E-mail: nils.jorgen.selvik@odfjell.com
Tel: +47 920 39 718
