1 JANUARY - 30 SEPTEMBER, 1997
9 Month Report 1997
- Strong third quarter for Concordia - board raises forecast for full year to SEK 160 million.
- Nine-month profit SEK 92.8 million.
- Strong freight market - high capacity utilisation of large tanker fleet.
- Good ship operation - not a single day's stoppage during the year.
Summary of business activities
The Group’s profit before tax for the period January - September was SEK 92.8 (-35.0) million. The third quarter’s contribution to this profit was SEK 51.1 million. Revenue amounted to SEK 794.8 (532.8) million.