EBITDA Performance
The company delivered a strong performance with an EBITDA of $210 million, $2 million higher than the same period last year.
Utilization and Operating Profit at Stolthaven Terminals
Utilization continues to trend upwards at Stolthaven Terminals, achieving a record quarterly operating profit.
Successful Share Buyback Program
The company completed a share buyback program, purchasing a total of 403,000 shares for $8.9 million.
New Partnership in Turkey
Announced an agreed partnership to develop a new terminal in Turkey, reflecting strategic growth.
Full Year EBITDA Guidance
Introduced full year 2025 EBITDA guidance expected to be in a range of $740 million to $810 million.
Record Operating Profit in Stolthaven Terminals
Stolthaven Terminals achieved record levels of operating profit driven by firming storage rates.