TORM PLC (OCSE:TRMD A)
kr 148.7 -0.1 (-0.07%) Market Cap: 14.47 Bil Enterprise Value: 19.59 Bil PE Ratio: 2.76 PB Ratio: 0.99 GF Score: 83/100

Q1 2019 Torm PLC Earnings Call Transcript

May 14, 2019 / 01:00PM GMT
Release Date Price: kr55.5 (+2.21%)
Christian SÃ;gaard;Christensen
TORM plc - CFO

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Thank you for dialing in, and welcome to TORM's conference call regarding the results for the first quarter of 2019. My name is Christian Søgaard-Christensen, and I'm the CFO of TORM. As usual, we will refer to the slides as we speak and at the end of the presentation we will open up for questions.

With that, turn to Slide 2, please. Before commencing, I would like to draw your attention to our safe harbor statement on this slide. Slide 3, please. So the presenters today is Executive Director, Jacob Meldgaard; and myself, Christian Søgaard-Christensen, CFO of TORM.

Slide 4, please. And as we turn to the presentation of the first quarter of 2019, I will hand over to Jacob.

Jacob Balslev Meldgaard
TORM plc - CEO & Executive Director

Thank you, Christian, and good afternoon. TORM's first quarter of 2019 results reflect the strong operating performance the company has had due to an improving product tanker market as well as the benefits we derive from our

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