Navigator Gas 1Q results reveal record numbers including adjusted EBITDA of $69 million | News Direct

Navigator Gas 1Q results reveal record numbers including adjusted EBITDA of $69 million

News release by Navigator Holdings Ltd

facebook icon linkedin icon twitter icon pinterest icon email icon Vancouver | May 30, 2023 01:25 PM Eastern Daylight Time

 

Navigator Gas LLC CEO Mads Peter Zacho joined Steve Darling from Proactive to share news the company has released its record setting Q1 financial numbers that has showed operating revenues of $136 million. It also posted $69 million in adjusted underlying earnings (EBITDA), a record for the company.

Zacho telling Proactive more about the numbers and where he sees the positives the company can build on.

He also discussed the recent improvements the company has made including working on the balance sheet with debt financing, a new share repurchase program, and fleet renewal. The company has also provided and update on construction for the expansion of its ethylene export terminal.

 

Contact Details

 

Proactive Investors

 

+1 604-688-8158

 

na-editorial@proactiveinvestors.com

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