TORM plc(TRMD) - 2025 Q2 - Quarterly Report

In the first half year of 2025, TORM achieved TCE of USD 422.2 m including unrealized losses on derivatives of USD -4.3 m (2024, same period: USD 656.6 m including unrealized losses on derivatives of USD 1.4m) and an adjusted EBITDA of USD 266.7 m (2024, same period: USD 518.3 m) and a net profit of USD 121.6m (2024, same period: USD 403.4 m), reflecting the market environment. In the most recent quarter, volatile geopolitical developments and expanded sanctioning of vessels have added further complexity to ...