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Stolt-Nielsen Limited Reports Unaudited Results For the Fourth Quarter and Full Year 2024
Stolt-Nielsen Limited Reports Unaudited Results
For the Fourth Quarter and Full Year 2024
Strong performance in the 2024 financial year
LONDON, January 30, 2025 – Stolt-Nielsen Limited (Oslo Børs ticker: SNI) today reported unaudited results for the fourth quarter and full year ended November 30, 2024. The Company reported a fourth-quarter net profit of $91.4 million with revenue of $709.4 million, compared with a net profit of $98.4 million with revenue of $695.2 million in the fourth quarter of 2023. The net profit for 2024 was $394.8 million with revenue of $2,890.6 million, compared with a net profit of $296.7 million, with revenue of $2,820.2 million in 2023. The prior year was negatively impacted by the MSC Flaminia loss provision of $155.0 million.
Highlights for the fourth quarter of 2024, compared with the fourth quarter of 2023, were:
Udo Lange, Chief Executive Officer of Stolt-Nielsen Limited, commented:
“I am incredibly proud of the team at Stolt-Nielsen for having achieved another strong quarter with EBITDA of $212.7 million, consolidating another exceptional year, with EBITDA at $843.0 million for the 2024 financial year.
Before fair value of biological assets, gain (loss) on sales of assets and other one-time, non-cash items
This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act
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