{"id":26514,"date":"2025-01-30T06:56:37","date_gmt":"2025-01-30T06:56:37","guid":{"rendered":"https:\/\/allonlinebanglanewspapers.com\/news\/stolt-nielsen-limited-reports-unaudited-results-for-the-fourth-quarter-and-full-year-2024\/"},"modified":"2025-01-30T06:56:37","modified_gmt":"2025-01-30T06:56:37","slug":"stolt-nielsen-limited-reports-unaudited-results-for-the-fourth-quarter-and-full-year-2024","status":"publish","type":"post","link":"https:\/\/allonlinebanglanewspapers.com\/news\/stolt-nielsen-limited-reports-unaudited-results-for-the-fourth-quarter-and-full-year-2024\/","title":{"rendered":"Stolt-Nielsen Limited Reports Unaudited Results For the Fourth Quarter and Full Year 2024"},"content":{"rendered":"<div id=\"main-body-container\" itemprop=\"articleBody\">\n<p align=\"center\"><strong>Stolt-Nielsen Limited Reports Unaudited Results<\/strong><br \/><strong>For the Fourth Quarter and Full Year 2024<\/strong><\/p>\n<p align=\"justify\"><strong>Strong performance in the 2024 financial year<\/strong><\/p>\n<p align=\"justify\"><strong>LONDON, January 30, 2025 \u2013 <\/strong>Stolt-Nielsen Limited (Oslo B\u00f8rs ticker: SNI) today reported unaudited results for the fourth quarter and full year ended November 30, 2024. The Company reported a fourth-quarter net profit of $91.4 million with revenue of $709.4 million, compared with a net profit of\u00a0$98.4 million with revenue of $695.2 million in the fourth quarter of 2023. The net profit for 2024 was $394.8 million with revenue of $2,890.6 million, compared with a net profit of $296.7 million, with revenue of $2,820.2 million in 2023. The prior year was negatively impacted by the <em>MSC Flaminia<\/em> loss provision of $155.0 million.<\/p>\n<p align=\"justify\">Highlights for the fourth quarter of 2024, compared with the fourth quarter of 2023, were:<\/p>\n<ul type=\"disc\">\n<li style=\"text-align:justify;\"><strong>Stolt-Nielsen Limited (SNL) consolidated EBITDA<\/strong><sup><strong>1<\/strong><\/sup><strong> of $212.7 million, up from <\/strong><br \/><strong>$208.4 million, with full year EBITDA of $843.0 million, up from $706.8 million in 2023. <\/strong><\/li>\n<li style=\"text-align:justify;\"><strong>Earnings per share was $1.71, down from $1.84 in the prior year.<\/strong><\/li>\n<li style=\"text-align:justify;\"><strong>Stolt Tankers reported operating profit of $83.4 million, down from $99.8 million. <\/strong><\/li>\n<li style=\"text-align:justify;\"><strong>The STJS average time-charter equivalent (TCE) revenue was $30,185 per operating day, compared to $30,144. <\/strong><\/li>\n<li style=\"text-align:justify;\"><strong>Stolthaven Terminals reported operating profit of $26.2 million, up from $26.0 million. <\/strong><\/li>\n<li style=\"text-align:justify;\"><strong>Stolt Tank Containers reported operating profit of $16.6 million, up from $14.2 million. <\/strong><\/li>\n<li style=\"text-align:justify;\"><strong>Stolt Sea Farm reported an operating profit before fair value adjustment of biomass of $6.1 million, up from $4.2 million. <\/strong><\/li>\n<li style=\"text-align:justify;\"><strong>Stolt-Nielsen Gas reported an operating loss of $11.7 million, compared to a loss of <\/strong><strong>$0.9 million. <\/strong><\/li>\n<li style=\"text-align:justify;\"><strong>Corporate and Other reported an operating profit of $8.7 million compared to a loss of $11.6 million, predominantly reflecting lower profit-sharing and employee related expenses.<\/strong><\/li>\n<\/ul>\n<p align=\"justify\"><strong>Udo Lange, Chief Executive Officer of Stolt-Nielsen Limited, commented: <\/strong><\/p>\n<p align=\"justify\">\u201cI am incredibly proud of the team at Stolt-Nielsen for having achieved another strong quarter with EBITDA<sup>1<\/sup> of $212.7 million, consolidating another exceptional year, with EBITDA<sup>1<\/sup> at $843.0 million for the 2024 financial year.<\/p>\n<hr\/>\n<p><sup>1<\/sup> Before fair value of biological assets, gain (loss) on sales of assets and other one-time, non-cash items<\/p>\n<p>This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act<\/p>\n<p>\n            <\/div>\n","protected":false},"excerpt":{"rendered":"<p>Stolt-Nielsen Limited Reports Unaudited ResultsFor the Fourth Quarter and Full Year 2024 Strong performance in the 2024 financial year LONDON, January 30, 2025 \u2013 Stolt-Nielsen Limited (Oslo B\u00f8rs ticker: SNI) today reported unaudited results for the fourth quarter and full year ended November 30, 2024. The Company reported a fourth-quarter net profit of $91.4 million [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":26515,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"fifu_image_url":"https:\/\/ml-eu.globenewswire.com\/Resource\/Download\/3f45a474-f5a5-4d22-868a-c01d03de43b0","fifu_image_alt":"","footnotes":""},"categories":[11],"tags":[],"class_list":["post-26514","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-globenewswire"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/allonlinebanglanewspapers.com\/news\/wp-json\/wp\/v2\/posts\/26514","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/allonlinebanglanewspapers.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/allonlinebanglanewspapers.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/allonlinebanglanewspapers.com\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/allonlinebanglanewspapers.com\/news\/wp-json\/wp\/v2\/comments?post=26514"}],"version-history":[{"count":0,"href":"https:\/\/allonlinebanglanewspapers.com\/news\/wp-json\/wp\/v2\/posts\/26514\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/allonlinebanglanewspapers.com\/news\/wp-json\/wp\/v2\/media\/26515"}],"wp:attachment":[{"href":"https:\/\/allonlinebanglanewspapers.com\/news\/wp-json\/wp\/v2\/media?parent=26514"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/allonlinebanglanewspapers.com\/news\/wp-json\/wp\/v2\/categories?post=26514"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/allonlinebanglanewspapers.com\/news\/wp-json\/wp\/v2\/tags?post=26514"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}