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 2024Strong performance in the 2024 financial yearLONDON, 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...

London, 30/01/2025 (informazione.news - comunicati stampa - trasporti)

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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