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MeldingsID: 444097
Dato/tid 13.02.2018 08:00
Utsteder AWILCO LNG ASA
UtstederID ALNG
Instrument ALNG
Marked OAX
Kategori HALVÅRSRAPPORTER OG REVISJONSBERETNINGER / UTTALELSER OM FORENKLET REVISORKONTROLL
Informasjonspliktig   Informasjonspliktige opplysninger   Lagringspliktig melding
Vedlegg
Tittel ALNG - Q4 2017 report
Tekst
Highlights fourth quarter
- Awilco LNG ASA (Awilco LNG or the Company) reported net freight income of MUSD 7.3 (MUSD 4.4 in Q3 2017) and EBITDA of MUSD 4.2 (MUSD 1.2 in Q3 2017)
- Vessel utilisation of 83 % compared to 88 % in Q3 2017

Highlights for the year 2017
- Full year net freight income of MUSD 13.6 (MUSD 32 in 2016)
- Full year EBITDA of MUSD 1.7 (MUSD 19.8 in 2016)
- Net loss before tax of MUSD 31.8 (MUSD 22.8 in 2016) 
- Vessel utilisation of 74 % compared to 79 % in 2016
- Comprehensive refinancing completed; raised MUSD 26.8 in equity and renegotiated financial leases, introducing flexibility, extending maturity and deferring bareboat payments


Oslo, 13 February 2018

For further information please contact: 
CFO Øyvind Ryssdal 
Phone: +47 47 920 14 029

About Awilco LNG ASA
Awilco LNG is a Norwegian based LNG transportation provider, 
owning and operating LNG vessels intended for international 
trade. The Company owns two 2013 built 156,000 cbm TFDE 
membrane LNG vessels, WilForce and WilPride. Awilco LNG has 
an industrial approach and a long-term commitment to the 
sector.

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