Euronav NV(CMBT) - 2025 Q3 - Earnings Call Presentation
Euronav NVEuronav NV(US:CMBT)2025-11-26 13:00

Financial Performance & Highlights - The company reported a profit of USD 173 million for Q3 2025, with an EBITDA of USD 2384 million[13] - The company's contract backlog stands at USD 295 billion[13] - The company's liquidity is USD 5556 million[13] - The company will generate a capital gain of USD 267 million from the sale of VLCC Dalma in Q4 2025[13] - The company will generate a capital gain of USD 24 million from the sale of Capesize Battersea in Q4 2025[13] - The company will generate a capital gain of USD 204 million from the sale of Suezmax Sofia in Q4 2025[13] Fleet & Market Update - The company's fleet includes 205 modern eco vessels, with an average age of 56 years[9] - The orderbook to fleet ratio for VLCC is 154% and for Suezmax is 208%[15] - The company's dry bulk fleet outperformed the Q3 5TC Baltic Capesize Index by 255%[33] - Windcat CSOVs achieved a TCE of USD 27272 per day in Q3 2025, with Q4 TCE quarter-to-date rates at USD 118870 per day (837% fixed)[86]