Board Change • May 21
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Board Member Marianne Mogster was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Feb 14
Klaveness Combination Carriers Asa Declares Cash Dividends for Fourth Quarter 2025, Payable on or About 2 March 2026 The Board of Directors of Klaveness Combination Carriers ASA declares cash dividends of USD 0.08 per share (in total approximately USD 4.7 million) for fourth quarter 2025. Last day of trading including right: 17 February 2026, Ex-date: 18 February 2026, Record date: 19 February 2026 and Payment date: On or about 2 March 2026, Date of approval: 12 February 2026. Announcement • Aug 08
Klaveness Combination Carriers ASA, Annual General Meeting, Apr 22, 2026 Klaveness Combination Carriers ASA, Annual General Meeting, Apr 22, 2026. Announcement • Feb 14
Klaveness Combination Carriers ASA Declares Cash Dividend for the Fourth Quarter 2024, Payable on or About March 6, 2025 The Board of Directors of Klaveness Combination Carriers ASA declared cash dividends of USD 0.10 per share (in total approximately USD 6.0 million) for fourth quarter 2024. Dividend amount: USD 0.10 per share. Ex-date: 19 February 2025. Record date: 20 February 2025. Payment date: On or about 6 March 2025. Date of approval: 13 February 2025. Board Change • Dec 30
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Brita Eilertsen was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Nov 02
Klaveness Combination Carriers ASA to Report Fiscal Year 2024 Results on Feb 28, 2025 Klaveness Combination Carriers ASA announced that they will report fiscal year 2024 results on Feb 28, 2025 Reported Earnings • Nov 01
Third quarter 2024 earnings released: EPS: US$0.36 (vs US$0.27 in 3Q 2023) Third quarter 2024 results: EPS: US$0.36 (up from US$0.27 in 3Q 2023). Revenue: US$72.7m (up 12% from 3Q 2023). Net income: US$21.7m (up 33% from 3Q 2023). Profit margin: 30% (up from 25% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is expected to decline by 16% p.a. on average during the next 3 years, while revenues in the Shipping industry in Europe are expected to grow by 1.1%. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Announcement • Oct 31
Klaveness Combination Carriers ASA Declares Cash Dividend for Third Quarter 2024, Payable on or About 20 November 2024 The Board of Directors of Klaveness Combination Carriers ASA declared cash dividends of USD 0.30 per share (in total approximately USD 18.1 million) for third quarter 2024. Last day of trading including right: 4 November 2024; Ex-date: 5 November 2024; Record date: 6 November 2024. Payment date: On or about 20 November 2024. Date of approval: 29 October 2024. Announcement • Sep 24
Klaveness Combination Carriers ASA, Annual General Meeting, Apr 23, 2025 Klaveness Combination Carriers ASA, Annual General Meeting, Apr 23, 2025. Declared Dividend • Aug 26
Second quarter dividend of US$0.30 announced Shareholders will receive a dividend of US$0.30. Ex-date: 28th August 2024 Payment date: 12th September 2024 Dividend yield will be 15%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (81% earnings payout ratio) and cash flows (70% cash payout ratio). The dividend has increased by an average of 104% per year over the past 5 years. However, payments have been volatile during that time. EPS is expected to decline by 16% over the next 3 years. Since a fall of 10% would increase the payout ratio to a potentially unsustainable range, the dividend may be at risk. Reported Earnings • Aug 25
Second quarter 2024 earnings released: EPS: US$0.41 (vs US$0.30 in 2Q 2023) Second quarter 2024 results: EPS: US$0.41 (up from US$0.30 in 2Q 2023). Revenue: US$73.4m (up 14% from 2Q 2023). Net income: US$25.1m (up 53% from 2Q 2023). Profit margin: 34% (up from 26% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is expected to decline by 12% p.a. on average during the next 3 years, while revenues in the Shipping industry in Europe are expected to grow by 2.3%. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Announcement • Aug 23
Klaveness Combination Carriers ASA Declares Cash Dividend for the Second Quarter of 2024, Payable on or About 12 September 2024 The board of directors of Klaveness Combination Carriers ASA declared cash dividends of USD 0.30 per share (in total approximately USD 18.1 million) for the second quarter of 2024, payable on or about 12 September 2024. Record date is 29 August 2024. Ex-date is 28 August 2024. Last day of trading including right is 27 August 2024. Date of approval is 22 August 2024. Declared Dividend • May 09
First quarter dividend of US$0.35 announced Shareholders will receive a dividend of US$0.35. Ex-date: 13th May 2024 Payment date: 28th May 2024 Dividend yield will be 13%, which is lower than the industry average of 15%. Sustainability & Growth Dividend is covered by both earnings (59% earnings payout ratio) and cash flows (69% cash payout ratio). The dividend has increased by an average of 104% per year over the past 5 years. However, payments have been volatile during that time. EPS is expected to decline by 5.8% over the next 3 years. However, it would need to fall by 34% to increase the payout ratio to a potentially unsustainable range. Reported Earnings • May 08
First quarter 2024 earnings released: EPS: US$0.43 (vs US$0.54 in 1Q 2023) First quarter 2024 results: EPS: US$0.43 (down from US$0.54 in 1Q 2023). Revenue: US$73.5m (down 9.4% from 1Q 2023). Net income: US$26.0m (down 8.0% from 1Q 2023). Profit margin: 35% (in line with 1Q 2023). Revenue is expected to decline by 11% p.a. on average during the next 3 years, while revenues in the Shipping industry in Europe are expected to grow by 1.9%. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. New Risk • Apr 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 3.8% per year for the foreseeable future. Minor Risks High level of debt (50% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.0% average weekly change). Shareholders have been diluted in the past year (15% increase in shares outstanding). Reported Earnings • Feb 18
Full year 2023 earnings released: EPS: US$1.52 (vs US$1.16 in FY 2022) Full year 2023 results: EPS: US$1.52 (up from US$1.16 in FY 2022). Revenue: US$287.2m (up 10% from FY 2022). Net income: US$86.9m (up 43% from FY 2022). Profit margin: 30% (up from 23% in FY 2022). Revenue is forecast to decline by 14% p.a. on average during the next 3 years, while revenues in the Shipping industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 40% per year, which means it is significantly lagging earnings growth. Announcement • Feb 16
Klaveness Combination Carriers Asa Declares Cash Dividends for Fourth Quarter 2023, Payable on or About 7 March 2024 Klaveness Combination Carriers ASA declared cash dividends of USD 0.35 per share (in total approximately USD 21.2 million) for fourth quarter 2023. Dividend amount: USD 0.35 per share. Declared currency: USD. Last day of trading including right: 20 February 2024. Ex-date: 21 February 2024. Record date: 22 February 2024. Payment date: On or about 7 March 2024. Date of approval: 15 February 2024. Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: US$0.27 (vs US$0.42 in 3Q 2022) Third quarter 2023 results: EPS: US$0.27 (down from US$0.42 in 3Q 2022). Revenue: US$65.2m (down 15% from 3Q 2022). Net income: US$16.3m (down 26% from 3Q 2022). Profit margin: 25% (down from 29% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is expected to fall by 15% p.a. on average during the next 3 years compared to a 5.4% decline forecast for the Shipping industry in Europe. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth. New Risk • Oct 25
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 2.7% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 2.7% per year for the foreseeable future. Minor Risks High level of debt (50% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (15% increase in shares outstanding). Announcement • Aug 25
Klaveness Combination Carriers ASA Declares Cash Dividend for the Second Quarter of 2023, Payable on or About 14 September 2023 The Board of Directors of Klaveness Combination Carriers declared cash dividends of USD 0.25 per share (in total approximately USD 15.1 million) for the second quarter of 2023, payable on or about 14 September 2023. Record date is 30 August 2023. Ex-date is 29 August 2023. Last day of trading including right is 28 August 2023. Date of approval is 23 August 2023. Board Change • May 11
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Winifred Patricia Johansen is the most experienced director on the board, commencing their role in 2021. Independent Director Brita Eilertsen was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Reported Earnings • May 07
First quarter 2023 earnings released: EPS: US$0.54 (vs US$0.14 in 1Q 2022) First quarter 2023 results: EPS: US$0.54 (up from US$0.14 in 1Q 2022). Revenue: US$81.1m (up 75% from 1Q 2022). Net income: US$28.2m (up 285% from 1Q 2022). Profit margin: 35% (up from 16% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is expected to fall by 17% p.a. on average during the next 3 years compared to a 4.7% decline forecast for the Shipping industry in Europe. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Announcement • May 06
Klaveness Combination Carriers Asa Declares Cash Dividends for the First Quarter 2023, Payable on or About 26 May 2023 The Board of Directors of Klaveness Combination Carriers ASA declares cash dividends of USD 0.40 per share (in total approximately USD 20.9 million) for the first quarter 2023.Last day of trading including right: 09 May 2023, Ex-date: 10 May 2023, Record date: 11 May 2023, Payment date: On or about 26 May 2023 and Date of approval: 04 May 2023. Board Change • Apr 21
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Winifred Patricia Johansen is the most experienced director on the board, commencing their role in 2021. Independent Director Brita Eilertsen was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Valuation Update With 7 Day Price Move • Apr 19
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to €6.82, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 9x in the Shipping industry in Europe. Total returns to shareholders of 190% over the past three years. Board Change • Mar 09
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Brita Eilertsen was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Reported Earnings • Feb 18
Full year 2022 earnings released: EPS: US$1.16 (vs US$0.46 in FY 2021) Full year 2022 results: EPS: US$1.16 (up from US$0.46 in FY 2021). Revenue: US$260.3m (up 32% from FY 2021). Net income: US$60.9m (up 169% from FY 2021). Profit margin: 23% (up from 11% in FY 2021). The increase in margin was driven by higher revenue. Revenue is expected to fall by 11% p.a. on average during the next 3 years compared to a 11% decline forecast for the Shipping industry in Europe. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Announcement • Feb 16
Klaveness Combination Carriers ASA Declares Cash Dividend for the Fourth Quarter 2022, Payable on or About 6 March 2023 Klaveness Combination Carriers ASA declared cash dividend of USD 0.30 per share for the fourth quarter 2022. Scheduled dates are as follows: Ex-date: 21 February 2023, Record date: 22 February 2023 and Payment date: On or about 6 March 2023. Announcement • Dec 10
Klaveness Combination Carriers ASA to Report Fiscal Year 2022 Final Results on Mar 07, 2023 Klaveness Combination Carriers ASA announced that they will report fiscal year 2022 final results on Mar 07, 2023 Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Board Member Winifred Patricia Johansen was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 05
Third quarter 2022 earnings released: EPS: US$0.42 (vs US$0.13 in 3Q 2021) Third quarter 2022 results: EPS: US$0.42 (up from US$0.13 in 3Q 2021). Revenue: US$76.6m (up 33% from 3Q 2021). Net income: US$22.0m (up 262% from 3Q 2021). Profit margin: 29% (up from 11% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is expected to fall by 8.0% p.a. on average during the next 3 years compared to a 12% decline forecast for the Shipping industry in Europe. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Announcement • Nov 04
Klaveness Combination Carriers ASA Declares Cash Dividend for the Third Quarter of 2022 The Board of Directors of Klaveness Combination Carriers ASA declared cash dividends of USD 0.30 per share for third quarter (USD 15.7 million in total), 30% increase from second quarter 2022. Reported Earnings • Aug 27
Second quarter 2022 earnings released: EPS: US$0.31 (vs US$0.07 in 2Q 2021) Second quarter 2022 results: EPS: US$0.31 (up from US$0.07 in 2Q 2021). Revenue: US$64.8m (up 41% from 2Q 2021). Net income: US$16.2m (up 369% from 2Q 2021). Profit margin: 25% (up from 7.5% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to decline by 27% while the Shipping industry in Germany is not expected to grow. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Announcement • Aug 27
Klaveness Combination Carriers ASA Declares Cash Dividend for the Second Quarter of 2022, Payable on or About September 16, 2022 The Board of Directors of Klaveness Combination Carriers ASA declared cash dividends of USD 0.230 per share (in total around USD 12.0 million) for the second quarter 2022. Ex-date is 31 August 2022. Record date is 01 September 2022. Payment date is on or about 16 September 2022. Valuation Update With 7 Day Price Move • Aug 13
Investor sentiment improved over the past week After last week's 16% share price gain to €7.36, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 5x in the Shipping industry in Europe. Total returns to shareholders of 108% over the past three years. Reported Earnings • May 12
First quarter 2022 earnings released: EPS: US$0.14 (vs US$0.04 loss in 1Q 2021) First quarter 2022 results: EPS: US$0.14 (up from US$0.04 loss in 1Q 2021). Revenue: US$46.5m (up 24% from 1Q 2021). Net income: US$7.34m (up US$9.39m from 1Q 2021). Profit margin: 16% (up from net loss in 1Q 2021). Over the next year, revenue is expected to shrink by 33% compared to a 10% growth forecast for the industry in Germany. Announcement • May 12
Klaveness Combination Carriers ASA Announces Dividend for the First Quarter of 2022, Payable On or about 31 May 2022 Klaveness Combination Carriers ASA declared cash dividends of USD 0.180 per share (in total around USD 9.4 million) for the first quarter 2022. Ex-date: 16 May 2022, Record date: 18 May 2022 and Payment date: On or about 31 May 2022. Board Change • May 02
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Board Member Rebekka Herlofsen was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 01
Full year 2021 earnings released: EPS: US$0.46 (vs US$0.32 in FY 2020) Full year 2021 results: EPS: US$0.46 (up from US$0.32 in FY 2020). Revenue: US$198.0m (up 22% from FY 2020). Net income: US$22.6m (up 49% from FY 2020). Profit margin: 11% (up from 9.3% in FY 2020). Over the next year, revenue is expected to shrink by 40% compared to a 15% growth forecast for the industry in Germany. Announcement • Feb 19
Klaveness Combination Carriers ASA Announces Dividend for the Fourth Quarter of 2021, Payable on or about 4 March 2022 Klaveness Combination Carriers ASA announced dividend of USD 0.100 per share for the fourth quarter of 2021, payable on or about 4 March 2022. Ex-date is 23 February 2022 and Record date is 24 February 2022. Reported Earnings • Oct 27
Third quarter 2021 earnings released: EPS US$0.13 (vs US$0.03 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$57.7m (up 59% from 3Q 2020). Net income: US$6.07m (up 363% from 3Q 2020). Profit margin: 11% (up from 3.6% in 3Q 2020). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Oct 09
Investor sentiment improved over the past week After last week's 20% share price gain to €6.00, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 7x in the Shipping industry in Europe. Total returns to shareholders of 107% over the past year. Reported Earnings • Aug 26
Second quarter 2021 earnings released: EPS US$0.07 (vs US$0.17 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: US$46.0m (up 15% from 2Q 2020). Net income: US$3.46m (down 59% from 2Q 2020). Profit margin: 7.5% (down from 21% in 2Q 2020). The decrease in margin was driven by higher expenses. Executive Departure • Apr 30
Independent Board Member has left the company On the 26th of April, Lori Naess' tenure in the role of Independent Board Member ended. As of December 2020, Lori personally held only 2.11k shares (€6.9k worth at the time). Lori is the only executive to leave the company over the last 12 months. Announcement • Apr 29
Klaveness Combination Carriers ASA Declares Dividend for the First Quarter 2021, Payable on or About 07 May 2021 The Board of directors of Klaveness Combination Carriers ASA declares cash dividends of USD 0.03 per share (in total around USD 1.44 million) for the first quarter 2021. The dividend is payable on or about 07 May 2021 with ex-date as April 29, 2021 and record date as April 30, 2021. Reported Earnings • Apr 28
First quarter 2021 earnings released: US$0.04 loss per share (vs US$0.09 profit in 1Q 2020) The company reported a poor first quarter result with weaker earnings, revenues and control over costs. First quarter 2021 results: Revenue: US$37.4m (down 16% from 1Q 2020). Net loss: US$2.05m (down 147% from profit in 1Q 2020). Valuation Update With 7 Day Price Move • Mar 30
Investor sentiment improved over the past week After last week's 34% share price gain to US$4.46, the stock trades at a trailing P/E ratio of 17x. Average trailing P/E is 19x in the Shipping industry in Europe. Total returns to shareholders of 89% over the past year. Reported Earnings • Mar 25
Full year 2020 earnings released: EPS US$0.32 (vs US$0.01 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$162.7m (up 19% from FY 2019). Net income: US$15.2m (up US$14.6m from FY 2019). Profit margin: 9.3% (up from 0.4% in FY 2019). The increase in margin was driven by higher revenue. Is New 90 Day High Low • Mar 05
New 90-day high: €3.68 The company is up 14% from its price of €3.24 on 04 December 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Shipping industry, which is up 22% over the same period. Reported Earnings • Feb 21
Full year 2020 earnings released: EPS US$0.32 (vs US$0.01 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$162.7m (up 19% from FY 2019). Net income: US$15.2m (up US$14.6m from FY 2019). Profit margin: 9.3% (up from 0.4% in FY 2019). The increase in margin was driven by higher revenue. Announcement • Jan 12
Klaveness Combination Carriers ASA Takes Delivery of MV Baiacu from New Yangzi Shipyard in China Klaveness Combination Carriers ASA announced that it has taken delivery of the MV Baiacu from New Yangzi Shipyard in China. The MV Baiacu is the sixth of in total eight contracted CLEANBU combination carriers. The CLEANBUs are unique vessels both in terms of design, their unprecedented environmental performance, operational and technical efficiency. These vessels have up to 40% lower CO2 emissions per ton mile transported cargo compared to standard vessels, in line with IMO’s 2030 targets for shipping. The start of trading of MV Baiacu will be delayed due to COVID-19 travel restrictions and quarantine regulations impacting the mobilization of crew. She is scheduled to load her first cargo of clean petroleum products in mid-February 2021. With the delivery of the MV Baiacu, Klaveness Combination Carriers will operate a fleet of 15 combination carriers. Is New 90 Day High Low • Jan 07
New 90-day high: €3.51 The company is up 17% from its price of €2.99 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Shipping industry, which is up 32% over the same period. Is New 90 Day High Low • Dec 15
New 90-day high: €3.49 The company is up 8.0% from its price of €3.22 on 16 September 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Shipping industry, which is up 31% over the same period. Reported Earnings • Nov 20
Third quarter 2020 earnings released: EPS US$0.03 The company reported a soft third quarter result with weaker earnings and profit margins, although revenues were improved. Third quarter 2020 results: Revenue: US$36.2m (up 5.0% from 3Q 2019). Net income: US$1.31m (down 15% from 3Q 2019). Profit margin: 3.6% (down from 4.5% in 3Q 2019). The decrease in margin was driven by higher expenses. Is New 90 Day High Low • Oct 21
New 90-day low: €2.60 The company is down 30% from its price of €3.70 on 22 July 2020. The German market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Shipping industry, which is up 18% over the same period. Is New 90 Day High Low • Sep 28
New 90-day low: €2.87 The company is down 14% from its price of €3.32 on 30 June 2020. The German market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Shipping industry, which is up 11% over the same period. Announcement • Sep 20
Klaveness Combination Carriers ASA to Report Q2, 2020 Results on Aug 19, 2020 Klaveness Combination Carriers ASA announced that they will report Q2, 2020 results on Aug 19, 2020