Odfjell SE (STU:O7F)

€ 9.1 -0.13 (-1.41%) Market Cap: 713.27 Mil Enterprise Value: 1.58 Bil PE Ratio: 3.05 PB Ratio: 0.95 GF Score: 62/100

Q1 2019 Odfjell SE Earnings Call Transcript

May 08, 2019 / 07:00AM GMT

Release Date Price: €2.98 (-0.33%)

Transcript

Kristian Verner MÃ;rch

Odfjell SE - CEO

¸ -

Good morning, and welcome to the presentation of the first quarter results 2019 for Odfjell SE. We are today having the conference call here from Bergen. Present here is Terje Iversen, CFO; BjÃ¸rn Kristian RÃ¸ed, Head of IR and Research; and Kristian MÃ¸rch, I'm the CEO of the company. We will first of all go through the presentation that there's a link to and that has been sent out. And then afterwards, we will open up for questions.

So if you -- we start here on Slide 3. First of all, maybe I should just say that I will take you through the highlights on Slide 3, and then Terje will take you through the financials and then I will come back and take you through some of the operational and the market update.

But if we start on Slide #3 and the highlights, I think after a very, very difficult 2018, it was nice to see that the chemical tanker market improved into the first quarter. The spot market continued to improve and we'll talk a little bit later in this presentation about why and how we see the market developed further. The

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