Hafnia First Quarter 2025 Earnings: Misses Expectations

Hafnia (OB:HAFNI) First Quarter 2025 Results

Key Financial Results

• Revenue: US$340.3m (down 57% from 1Q 2024).
• Net income: US$63.2m (down 71% from 1Q 2024).
• Profit margin: 19% (down from 28% in 1Q 2024). The decrease in margin was driven by lower revenue.
• EPS: US$0.13 (down from US$0.43 in 1Q 2024).

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All figures shown in the chart above are for the trailing 12 month (TTM) period

Hafnia Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 6.3%. Earnings per share (EPS) also missed analyst estimates by 12%.

Looking ahead, revenue is expected to fall by 44% p.a. on average during the next 3 years compared to a 4.6% decline forecast for the Oil and Gas industry in Norway.

Performance of the Norwegian Oil and Gas industry.

The company's shares are up 2.0% from a week ago.

Risk Analysis

Before you take the next step you should know about the 3 warning signs for Hafnia (1 is potentially serious!) that we have uncovered.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.