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CMB.TECH NV
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(Registrant)
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Dated: August 14, 2025
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By:
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/s/ Ludovic Saverys
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Ludovic Saverys
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Chief Financial Officer
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PRESS RELEASE
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14 August 2025 – 08:00 am CEST
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Regulated information - This press release contains inside information within the meaning of Regulation (EU) No
596/2014 of the
European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation). |
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The most important key figures (unaudited) are:
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(in thousands of USD)
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Second Quarter 2025
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Second Quarter 2024
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YTD 2025
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YTD 2024
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Revenue
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387,808
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252,000
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622,852
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492,377
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Other operating income
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13,021
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30,649
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20,155
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38,245
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Raw materials and consumables
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(2,319)
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(435)
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(5,128)
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(1,678)
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Voyage expenses and commissions
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(81,338)
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(48,986)
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(123,742)
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(85,903)
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Vessel operating expenses
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(113,644)
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(50,541)
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(175,473)
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(100,013)
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Charter hire expenses
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(1,307)
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1
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(1,620)
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(17)
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General and administrative expenses
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(33,548)
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(18,581)
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(56,395)
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(36,287)
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Net gain (loss) on disposal of tangible assets
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57,340
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94,985
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103,791
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502,547
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Depreciation
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(108,698)
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(41,639)
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(164,369)
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(81,877)
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Impairment losses
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(3,573)
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—
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(3,573)
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—
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Net finance expenses
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(118,225)
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(30,540)
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(182,440)
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(45,980)
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Share of profit (loss) of equity accounted investees
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1,622
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2,029
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1,571
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2,570
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Result before taxation
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(2,861)
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188,942
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35,629
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683,984
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Tax benefit (expense)
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(4,723)
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(4,572)
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(2,840)
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(4,364)
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Profit (loss) for the period
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(7,584)
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184,371
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32,789
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679,620
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Attributable to:
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Owners of the Company
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7,768
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184,371
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51,766
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679,620
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Non-controlling interest
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(15,352)
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—
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(18,977)
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—
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Information per share:
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(in USD per share)
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Second Quarter 2025
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Second Quarter 2024
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YTD 2025
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YTD 2024
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Weighted average number of shares (basic) *
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194,216,835
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194,250,949
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194,216,835
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197,886,375
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Result after taxation
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(0.04)
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0.95
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0.17
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3.43
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CMB.TECH
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Head of Marketing & Communications
Katrien Hennin
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Tel: +32 499393470
katrien.hennin@cmb.tech
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Head of Investor Relations
Joris Daman
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Tel: +32 498617111
joris.daman@cmb.tech
Page 1 of 3
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PRESS RELEASE
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14 August 2025 – 08:00 am CEST
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Regulated information - This press release contains inside information within the meaning of Regulation (EU) No
596/2014 of the
European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation). |
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*
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The number of shares issued on 30 June 2025 is 220,024,713. However, the number of shares excluding the owned shares held by CMB.TECH at 30
June 2025 is 194,216,835.
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EBITDA reconciliation (unaudited):
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(in thousands of USD)
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Second Quarter 2025
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Second Quarter 2024
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YTD 2025
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YTD 2024
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Profit (loss) for the period
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(7,584)
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184,371
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32,789
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679,620
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+ Net interest expenses
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118,225
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30,626
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182,440
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45,886
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+ Depreciation of tangible and intangible assets
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108,698
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41,639
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164,369
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81,877
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+ Income tax expense (benefit)
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4,723
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4,572
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2,840
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4,364
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EBITDA (unaudited)
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224,062
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261,208
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382,438
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811,747
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EBITDA per share:
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(in USD per share)
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Second Quarter 2025
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Second Quarter 2024
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YTD 2025
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YTD 2024
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Weighted average number of shares (basic)
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194,216,835
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194,250,949
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194,216,835
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197,886,375
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EBITDA
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1.15
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1.34
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1.97
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4.10
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Webcast Information
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Event Type:
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Audio webcast with user-controlled slide presentation
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Event Date:
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28 August 2025
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Event Time:
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8 a.m. EST / 2 p.m. CET
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Event Title:
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“Q2 2025 Earnings Conference Call”
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Event Site/URL:
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https://events.teams.microsoft.com/event/4c5a9385-1280-4ac8-a49b-2384494ac75d@d0b2b045-83aa-4027-8cf2-ea360b91d5e4
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CMB.TECH
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Head of Marketing & Communications
Katrien Hennin
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Tel: +32 499393470
katrien.hennin@cmb.tech
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Head of Investor Relations
Joris Daman
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Tel: +32 498617111
joris.daman@cmb.tech
Page 2 of 3
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PRESS RELEASE
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14 August 2025 – 08:00 am CEST
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Regulated information - This press release contains inside information within the meaning of Regulation (EU) No
596/2014 of the
European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation). |
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CMB.TECH
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Head of Marketing & Communications
Katrien Hennin
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Tel: +32 499393470
katrien.hennin@cmb.tech
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Head of Investor Relations
Joris Daman
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Tel: +32 498617111
joris.daman@cmb.tech
Page 3 of 3
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