Cmb.tech announces q1 2025 results

Cmb.tech announces q1 2025 results 1 billion usd contract backlog added antwerp, belgium, 21 may 2025 – cmb.tech nv (“cmbt”, “cmb.tech” or “the company”) (nyse: cmbt & euronext: cmbt) reported its non-audited financial results today for the first quarter ended 31 march 2025. highlights financial highlights: profit of usd 40.4 million in q1 2025 cmb.tech increases its contract backlog by usd 921 million (to usd 2.94 billion) corporate highlights: cmb.tech buys hemen stake in golden ocean term sheet signed for a stock-for-stock merger transaction between cmb.tech and golden ocean fleet highlights: fortescue and cmb.tech sign agreement for ammonia-powered newcastlemax cmb.tech and mol sign landmark agreement for nine ammonia-powered vessels delivery of 5 newbuilding vessels: mineral portugal, mineral osterreich, mineral suomi, mineral sverige and ctv hydrocat 60 previously announced sales generated a capital gain of usd 46.25 million: suezmax cap lara (2007, 158,826 dwt), vlcc alsace (2012 – 299,999 dwt) and windcat 6 sale of three vlccs in q1 2025, iris (2012, 314,000 dwt), hakata (2010, 302,550 dwt) & hakone (2010, 302,624 dwt) as part of the fleet rejuvenation strategy.
CMBT Ratings Summary
CMBT Quant Ranking