openPR Logo
Press release

Interim dividend and final half year results

09-01-2008 05:59 PM CET | Logistics & Transport

Press release from: Euronav NV

During its meeting of 28 August 2008, Euronav’s board of directors approved the final
consolidated financial statements for the period ended 30 June 2008. This press release refers
also to the one distributed on 22 July 2008.

The half year report including, a full version of the condensed consolidated interim financial statements for the sixth months ended 30 June 2008, prepared in accordance with IAS 34 and including the joint statutory auditor’s review report as well as the statement on the true and fair view of the condensed consolidated interim financial statements and the fair overview of the interim management report, can be downloaded from www.euronav.com.
* * *
On 28 August 2008, the board of directors approved the distribution of a gross interim dividend of EUR 1.00 (net EUR 0.75) per share. The interim dividend will be payable to holders of registered or dematerialized shares on 5 September 2008. It will also be payable to the holders of bearer shares from the aforementioned date onwards against delivery of coupon n°6 at the counters of the offices and branches of Fortis Bank, Dexia Bank, KBC Bank and Petercam.

FOR FULL PRESS RELEASE PLEASE GO TO EURONAV CORPORATE WEBSITE:
www.euronav.com

Impress Communications
DMR House
8-10 Cleave Avenue,
Farnborough, Orpington
Kent BR6 7DR
UNITED KINGDOM

Tel: +44 (0) 1689 860660
Fax: +44 (0) 1689 850484
e-mail: impcomms@yahoo.co.uk

Euronav is an integrated owner, operator and manager able to provide complete shipping services in addition to the carriage of crude oil on its fleet of modern large tankers. The crude oil sea-borne transportation market is cyclical and highly volatile requiring flexible and proactive management of assets in terms of fleet composition and employment. Euronav operates its fleet on both the spot and the period market. Most of Euronav VLCCs as well as all VPLUS are operated in the Tankers International pool. Euronav operates at the moment all of its Suezmaxes and Aframaxes under period charter contracts with oil majors, leading refiners and oil traders such as BP, Glencore, Petrobras, Sun Oil, Total Valero and Vitol. Fleet management is conducted by three wholly owned subsidiaries: Euronav Ship Management SAS and Euronav SAS, both French companies with headquarters in Nantes (France) and with a major branch office in Antwerp and Euronav Ship Management (Hellas) Ltd with its head office in Piraeus, Greece. The skills of its directly employed seagoing officers, shore-based Captains and Engineers give Euronav a competitive edge in high quality design, maintenance and operation. Euronav vessels fly Belgian, Greek and French flag. The use of national flag together with operational and maintenance standards in terms of age, appearance and performance which are higher than industry norms enables Euronav to employ part of its fleet on long-term charter with fixed earnings to secure financial visibility.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Interim dividend and final half year results here

News-ID: 52320 • Views:

More Releases from Euronav NV

FSO AFRICA UPDATE
Euronav NV (EURONEXT BRUSSELS: EURN) today announces that TI Africa Ltd, the joint venture in which OSG and Euronav NV each has a 50% interest, has received a notice of termination from Maersk Oil Qatar concerning the services contract related to the FSO Africa, a vessel currently under conversion to a Floating Storage and Offloading (FSO) service vessel. The joint venture contests the termination notice and continues to believe that
EURONAV TO RAISE USD 125 MILLION
On 4 September 2009, Euronav NV (‘Euronav’) priced its offering (the ‘Offering’) of USD 125 million fixed rate senior unsecured convertible bonds, due 2015 (the ‘Bonds’). The Bonds will be issued at 100 per cent of their principal amount and will bear interest at a rate of 6.5 per cent per annum, payable semi-annually in arrear. The initial conversion price is EUR 16.28375 (or USD 23.16852 at EUR/USD exchange rate
FIRST SEMESTER RESULTS 2009
ANTWERP, Belgium, 22nd July 2009 – The executive committee of Euronav NV (EURONEXT BRUSSELS: EURN) today reported its preliminary and unaudited financial results for the six months ended 30th June 2009. The company had a net income of USD 27.1 million (first semester 2008: USD 205.2 million) or USD 0.54 (first semester 2008: USD 3.97) per share, for the first semester 2009. EBITDA for the same period was USD 123.6 million
FIRST QUARTER RESULTS 2009 AND NEW FINANCING
The executive committee of Euronav NV (EURONEXT BRUSSELS: EURN) today reported its financial results for the three months ended 31st March 2009. The company had a net income of USD 16.8 million (first quarter 2008: USD 80.7 million) or USD 0.34 (first quarter 2008: USD 1.56) per share, for the first quarter 2009. EBITDA for the same period was USD 79 million (first quarter 2008: USD 154.2 million). The average

All 5 Releases


More Releases for EUR

Global Organic Pet Food Market 2020 NewmanEUR(TM)s Own, LilyEUR(TM)s Kitchen, …
Organic Pet Food Market Global and outlook (2015 - 2025) The report published on Organic Pet Food is a invaluable foundation of insightful data helpful for the decision-makers to form the business strategies related R&D investment, sales and growth, key trends, technological advancement, emerging market and more. The global Organic Pet Food market report includes key facts and figures data which helps its users to understand current scenario of the
Ein gut ausgestattetes Angelkajak für unter 1000 EUR???
Ein gut ausgestattetes Angelkajak für unter 1000 EUR??? Seit der Fishing Masters Show 2017, ist nun einige Zeit vergangen. Zeit, die wir nutzen konnten, um die vielen Eindrücke erst mal sacken zu lassen und alles zu verarbeiten. Rückblickend müssen wir zugeben, dass wir uns niemals hätten vorstellen können, dass dieses Event für uns so überaus erfolgreich werden wird!   Nachdem Galaxy-Kajaks bereits vielen europäischen Ländern einen sehr guten Status genießt, sind nun
EUR 155,000 for Safe Zones Project
Eichsfeld Festival Attracts 25,000 Music Fans to Downtown Duderstadt "Tonight is going to rock!" It was with these words that initiators Professor Hans Georg Näder and Peter Maffay opened the 2012 Eichsfeld Festival this past Saturday. Around 25,000 music fans followed the invitation to experience top-class live performances in the Marktstraße of Duderstadt that day. Peter Maffay, Ich + Ich and four regional special guests did more than just wow the
Clariant successfully issues EUR 500 million Eurobond
Muttenz, January 17, 2012 – Today, Clariant successfully priced an Eurobond transaction of EUR 500 million with a tenor of 5 years, issued by Clariant Finance (Luxembourg) S.A. and guaranteed by Clariant Ltd. The fixed rate notes with a minimum denomination of EUR 100,000 and a final coupon of 5 ⅝ % p.a. are maturing on January 24, 2017. The orderbook was significantly oversubscribed on the back of strong investor demand.
VSCloud – cloud services from 0.78 EUR per day
On 15th of August, at a press conference, the unique cloud project named VSCloud was presented which provides cloud services of IaaS (Infrastructure as a Service) type. After three months, VSCloud can boast with hundreds of active users mainly from the Czech Republic and Slovakia. The leadership of VSCloud foresees that the number of first thousand active users will be surpassed by the end of this year. What are the advantages
euNetworks Reports 26% Revenue Rise to EUR 21.7M
London, United Kingdom - 12 November 2009 - euNetworks Group Limited, (SGX: H23.SI), a provider of mission-critical, high-performance networking solutions in Europe, reports a 26% rise in revenue for the nine months ended 30 September 2009 (“9M09”) to €21.7 million, from €17.2 million reported in the corresponding period a year ago (“9M08”). In line with the Group’s efforts at improving its operational efficiencies, gross margin also improved from 42%