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Svitzer Group A/S (9Y1.F)

28.55

+0.75

+(2.70%)

As of 8:20:01 AM GMT+1. Market Open.

Svitzer signs terminal towage contract with Oman LNG

Svitzer today announces that it has signed a large, 9-year terminal towage contract with Oman Liquefied Natural Gas LLC (Oman LNG), a joint venture company established by a royal decree and operating under the laws of the Sultanate of Oman. The new contract covers time charter of four newbuild 65-ton bollard pull azimuth stern drive tugs to support the berthing and unberthing of LNG and NGL tankers at the jetty in Qalhat LNG Terminal. In addition to towage services, Svitzer will provide firefigh

GlobeNewswire 2 days ago

SVZRF
Svitzer places order to build another battery-powered tug

New battery-powered tug with 1,818 kWh capacity will be delivered to Svitzer by Sanmar Shipyard in H2 2025. The new tug will add to existing capacity in the Øresund Strait, delivering near zero emissions for towage services in the region. Copenhagen, 15 January 2025 – Svitzer, a leading global towage and marine services provider, today announced it has ordered another battery-powered tug to add to its fleet. The tug will be used in the Øresund Strait between Denmark and Sweden. It will also cont

GlobeNewswire 16 days ago

SVZRF
Major Shareholder announcement

Pursuant to Section 30 of the Danish Capital Markets Act, Svitzer Group A/S, CVR-no. 44 79 14 47, (“Svitzer Group”) hereby announces the receipt of a major shareholder notification from Morgan Stanley that as of 19 December 2024, Morgan Stanley holds directly or indirectly 1,581,848 shares and financial instruments corresponding to 5.01% of the total voting rights and share capital in Svitzer Group. About Svitzer Svitzer is a leading, global towage and marine services provider. The core business

GlobeNewswire last month

SVZRF
Svitzer orders construction of four TRAnsverse Tugs from Cheoy Lee Shipyards

Ortho-profile - Svitzer TRAnsverse 2900 Rendering of the new Svitzer TRAnsverse 2900 tugs ordered from Cheoy Lee Shipyards Svitzer expects to take delivery of four new TRAnsverse tugs by the end of 2026. The tugs will be delivered as part of Svitzer’s planned global fleet renewal, as the business continues to pursue its decarbonisation objectives worldwide. Copenhagen, 11 December 2024: Svitzer, a leading global towage and marine services provider, today announces that it has signed a contract w

GlobeNewswire last month

SVZRF
Svitzer enters São Luís Port complex, strengthening presence in Brazil

Two tugboats were deployed to serve the ports of Itaqui, Ponta da Madeira, and Alumar. Rio de Janeiro, Brazil – 5 December 2024: Svitzer, a leading global towage and marine services provider, has begun operations in the Port of Itaqui in São Luís, Maranhão, marking another significant milestone in its expansion across Brazil. Over the past nine years, Svitzer has invested more than R$650 million in the country, reflecting its commitment to the Brazilian market and its strategy of delivering safe

GlobeNewswire last month

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Svitzer reports adjusted EBITDA growth of 13% in Q3 2024

Today, Svitzer Group A/S (Svitzer) has published its Q3 2024 trading statement, showing continued solid financial performance. Q3 2024 highlights (Q3 2023 in brackets): Revenue of DKK 1,545m (DKK 1,415m), corresponding to 9.4% growth in constant exchange rates, with growth across all four operating segmentsAdjusted EBITDA of DKK 452m (DKK 401m), driven by the revenue growth, leading to a margin of 29.2%Gross CAPEX of DKK 222m (DKK 331m) divided into growth CAPEX of DKK 41m, dry-docking CAPEX of

GlobeNewswire 2 months ago

SVZRF
Svitzer Financial Calendar 2025

This financial calendar lists the expected release dates of Svitzer Group’s financial announcements in 2025 as well as the date of the annual general meeting. 5 MarchAnnual Report 202410 AprilAnnual General Meeting 202515 MayTrading statement Q1 202526 AugustInterim Report H1 202513 NovemberTrading statement Q3 2025 Shareholders who have proposals for the agenda of the Annual General Meeting must submit these no later than 27 February 2025. The proposals should be submitted by email to ir@svitze

GlobeNewswire 2 months ago

SVZRF
Svitzer places order to build the world’s first battery electric methanol tug

Battery-methanol tug rendering Rendering of Svitzer's new battery-methanol tug Svitzer has contracted Uzmar shipyard to build a first of its kind battery-methanol tug for delivery in H2 2025. The 6MWh battery-powered tug will be deployed in Gothenburg and provide zero-emission services across a quarter of Svitzer’s operations in the port. Copenhagen, 17 September 2024: Svitzer, a leading global towage provider, has today announced that it has signed a contract with the Turkish shipyard Uzmar to

GlobeNewswire 4 months ago

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Reporting of transactions made by members of the Board of Directors or Executive Management or their Closely Associated Persons

Pursuant to the Market Abuse Regulation, article 19, Svitzer Group A/S, CVR-no. 44 79 14 47, (“Svitzer Group” or the “Company”) hereby notifies receipt of information of the following transactions made by members of the Board of Directors or Executive Management in Svitzer Group or their closely associated persons in Svitzer Group’s shares admitted to trading and official listing on Nasdaq Copenhagen A/S. About Svitzer Svitzer is a leading, global towage and marine services provider. The core bu

GlobeNewswire 4 months ago

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Svitzer reports adjusted EBITDA growth of 15% in the second quarter of 2024

Today, Svitzer Group A/S (Svitzer) has published its interim report for the first half of 2024, showing solid financial performance. Q2 2024 highlights (Q2 2023 in brackets) Revenue of DKK 1,583m (DKK 1,408m), corresponding to 12% growth in constant exchange rates, with growth across all four operating segmentsAdjusted EBITDA of DKK 482m (DKK 419m), driven by the revenue growth, leading to a margin of 30.4% Gross CAPEX of DKK 309m (DKK 314m) divided into growth CAPEX of DKK 188m and dry-docking,

GlobeNewswire 5 months ago

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Svitzer Increases 2024 Outlook for Revenue Growth and EBITDA

Based on the development in the first part of 2024, Svitzer adjusts its financial outlook for 2024. Revenue is now expected to grow by around 6.0-7.5%, measured in constant exchange rates (previously 3.5-5.0%), and EBITDA, excluding separation and listing costs related to the demerger from A.P. Møller – Mærsk A/S, is now expected to be around DKK 1,775-1,875m (previously DKK 1,700-1,800m). Gross CAPEX is still expected to be around DKK 900-1,100m. The adjustment of the financial outlook is drive

GlobeNewswire 7 months ago

SVITZR.CO
Atlantic Towing Limited and Svitzer Modernise Halifax Port Fleet with New Escort Tugboats

Halifax, NS – 18 June 2024 – Atlantic Towing Limited, a member of the J.D. Irving, Limited family of companies and Svitzer have made a significant joint investment in the modernisation of the Port of Halifax fleet by acquiring two new escort tugboats from the Rastar 3200 series, each boasting an 85-ton bollard pull. The Port of Halifax has seen substantial growth over the past decade, with a marked increase in both the number of tug jobs and the size of vessels. The new tugboats were specificall

GlobeNewswire 7 months ago

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Svitzer Completes Tug Series Delivery in Brazil

Rio de Janeiro – 07 May 2024 - Svitzer, a leading global towage provider, has today announced the successful delivery of Svitzer Babitonga, the final tug in a series of six sister vessels from the 2300 Rampart Series. The delivery strengthens its fleet serving Brazil's dynamic maritime industry. The completion of this milestone project underscores Svitzer's commitment to delivering safe and sustainable towage services along Brazil's coastline. Named after Babitonga Bay in Sao Francisco, where Sv

GlobeNewswire 8 months ago

SVITZR.CO

Performance Overview

Return	9Y1.F	OMX Copenhagen 25 Index
YTD	-5.78%	+0.01%
1-Year	-3.76%	-3.57%
3-Year	-3.76%	+2.65%

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Svitzer Group A/S (9Y1.F)

Svitzer signs terminal towage contract with Oman LNG

Svitzer places order to build another battery-powered tug

Major Shareholder announcement

Svitzer orders construction of four TRAnsverse Tugs from Cheoy Lee Shipyards

Svitzer enters São Luís Port complex, strengthening presence in Brazil

Svitzer reports adjusted EBITDA growth of 13% in Q3 2024

Svitzer Financial Calendar 2025

Svitzer places order to build the world’s first battery electric methanol tug

Reporting of transactions made by members of the Board of Directors or Executive Management or their Closely Associated Persons

Svitzer reports adjusted EBITDA growth of 15% in the second quarter of 2024

Svitzer Increases 2024 Outlook for Revenue Growth and EBITDA

Atlantic Towing Limited and Svitzer Modernise Halifax Port Fleet with New Escort Tugboats

Svitzer Completes Tug Series Delivery in Brazil

Performance Overview