MPC Container Ships Reports Q1 2024 Results

Commenting on MPCC's results in the first quarter, Co-CEO and CFO Moritz Fuhrmann said: Commenting on MPCC's results in the first quarter, Co-CEO and CFOMoritz Fuhrmann said : "MPCC delivered robust operational and financial performance in the first quarter. Our revenues were bolstered by high utilization, driven by the rescheduling of several dry-docks to the latter half of the year. We maintained a strong balance sheet, operating with low leverage of 13.2% and with net debt of...

OSLO, Norway, 28/05/2024 (informazione.it - comunicati stampa - trasporti)

The above information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Constantin Baack , CEO, and Moritz Fuhrmann , Co-CEO and CFO, will present the results in an earnings call today at 15:00 CET / 09:00 ET , followed by a Q&A session. The earnings call can be accessed live via webcast and questions can be submitted in writing. A recording will be available on demand at the Company's website after the live event has concluded.

The Q1 2024 report and presentation materials are attached to this release and available on the Company's website: https://www.mpc-container.com/investors/

The webcast can be accessed through the following link: https://channel.royalcast.com/landingpage/hegnarmedia/20240528_1/

ir@mpc-container.com

MPC Container Ships ASA (ticker code "MPCC") is a leading container tonnage provider focusing on small to mid-size container ships. Its main activity is to own and operate a portfolio of container ships serving intra-regional trade lanes on fixed-rate charters. The Company is registered and has its business office in Oslo, Norway . For more information, please visit www.mpc-container.com .

This announcement includes forward-looking statements. Such statements are generally not historical in nature, and specifically include statements about the Company's plans, strategies, business prospects, changes and trends in its business, the markets in which it operates and its restructuring efforts. These statements are made based upon management's current plans, expectations, assumptions and beliefs concerning future events impacting the Company and therefore involve a number of risks, uncertainties and assumptions that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, which speak only as of the date of this news release. Consequently, no forward-looking statement can be guaranteed. When considering these forward-looking statements, you should keep in mind the risks described from time to time in the Company's regulatory filings and periodical reporting. The Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of unanticipated events. New factors emerge from time to time, and it is not possible for the Company to predict all of these factors. Further, the Company cannot assess the impact of each such factor on its business or the extent to which any factor, or combination of factors, may cause actual results to be materially different from those contained in any forward-looking statement.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/mpc-container-ships-asa/r/mpc-container-ships-reports-q1-2024-results,c3989127

The following files are available for download:

 

View original content: https://www.prnewswire.co.uk/news-releases/mpc-container-ships-reports-q1-2024-results-302156463.html