CMB.Tech swings to Q2 profit of USD 364.4 million; revenue rises 81.52% to USD 703.94 million vs Q2 FY25

Reuters2026/08/27 05:03

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CMB.TECH swung to Q2 profit of USD 364.4 million, with basic EPS of USD 1.26.
Revenue rose 81.52% to USD 703.94 million, while IFRS net gain on asset disposals increased to USD 127.52 million.
Non-IFRS EBITDA climbed 146.74% to USD 552.8 million.
Contract backlog held at USD 3.26 billion; proposed distribution totals USD 0.64 per share, with payment expected in October.
CEO Alexander Saverys cited continued strength in tanker and dry bulk markets; milestone deal signed with Fortescue for up to 12 ammonia-powered Newcastlemax charters.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CMB.Tech NV published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608270101PRIMZONEFULLFEED1001259557) on August 27, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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CMB.Tech swings to Q2 profit of USD 364.4 million; revenue rises 81.52% to USD 703.94 million vs Q2 FY25

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