TORM plc Reports Q3 2026 Financial Results and Raises Full-Year Guidance
11/4/2026
Impact: 70
Industrials
TORM plc reported Q3 2026 net profit of $199 million, up from $78 million a year earlier, while TCE earnings increased to $353 million from $236 million and EBITDA reached $274 million. Citing strong tanker freight rates, logistical inefficiencies and disruptions to global oil trade flows, the company raised the lower end of its full-year 2026 TCE earnings and EBITDA guidance by $50 million each. The board approved an interim dividend of $1.35 per share, equal to 75% of quarterly net profit excluding non-recurring items.
AI summary, not financial advice
Share: