Hafnia

We have the pleasure of inviting you to Hafnia’s Q3 2023 presentation where CEO Mikael Skov will take us through the numbers and discuss the latest trends in tanker business. The event will take place on Monday the 20th of November at 10:30 a.m. CET.

This morning, Hafnia has published its accounts for Q3 2023. It is a strong account from a historical perspective, however, shows some slowdown against the very strong Q3 2022, with a net result for the period is USD 146.9 million. compared with USD 280.3 million in the 3rd quarter of 2022. At the same time, the company showed a slight beat on consensus expectations. Hafnia also announced a quarterly dividend of USD 0.2032 per share, corresponding to approx. NOK 2.23 per share and also stated its intention to pursue a secondary listing in the US to access the world's largest capital market and improve liquidity. Overall, the accounts show some continued signs of market normalization, but Hafnia still sees continued strong fundamentals driven by a positive winter season and continued low western inventories.

Today we post our updated one-pager on Hafnia, following its Q2 2023 earnings report. The one-pager includes an update on the market outlook, Hafnia’s shareholder returns outlook, key investment reasons, key investment risks, and relative valuation against a peer group.

We have the pleasure of inviting you to Hafnia’s Q2 2023 presentation, where CEO Mikael Skov will take us through the numbers and discuss the latest trends in the tanker business. The event will take place on Friday the 25th of August at 10:30 a.m.