CMB.TECH NV, 0K9A:LSE profile

Price (EUR)11.65
Today's Change-0.085 / -0.72%
Shares traded1.00k
1 Year change-29.66%
Beta--

Data delayed at least 20 minutes, as of Nov 22 2024 11:47 GMT.

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About the company

Euronav NV (Euronav) is a Belgium-based company engaged in the transportation and storage of crude oil and petroleum products. The Company provides shipping services, in addition to the carriage of crude oil on its fleet of tankers. The Company, along with its group entities, operates in two business segments: the operation of crude oil tankers on the international markets (tankers), and the floating production, storage, and offloading operations. The Company’s ship management services include, among others, technical services, fleet personnel management, environmental, protection management system, commercial management, and operational management. Its group companies include Euronav Ship Management SAS, Euronav Shipping NV, Euronav Tankers NV, Euronav SAS, Euronav UK Ltd., Euronav Hong Kong Ltd., and Great Hope Enterprises Ltd.

Revenue in EUR (TTM)938.46m
Net income in EUR1.13bn
Incorporated2003
Employees3.00k

Location
CMB.TECH NVDe Gerlachekaai 20ANTWERPEN 2000BelgiumBEL
Phone+32 32474411
Fax+32 32474409
Websitehttps://www.euronav.com

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Mergers & acquisitions

Acquired company	Deal status	Date	Date / Deal status	CMBT:BRU since announced	Transaction value
CMB Tech NV	Deal completed	22 Dec 2023	22 Dec 2023Deal completed	-28.05%	3.65bn

Data delayed at least 15 minutes, as of Nov 22 2024 16:35 GMT.

Income statement (USD)

Year on year CMB.TECH NV grew revenues 44.52% from 854.67m to 1.24bn. In addition the company has reduced the cost of goods sold as a percent of sales, selling, general and administrative expenses as a percent of sales and interest paid as a percent of sales. These improvements contributed to 322.15% net income growth from 203.25m to 858.03m.

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