Stolt-Nielsen Ltd

SNI

Equity

ISIN BMG850801025 / Valor 11875972

Oslo Stock Exchange (2025-03-17)

NOK 260.00+3.59%

Stolt-Nielsen Ltd
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About company

Stolt-Nielsen Ltd, established in 1959 by Jacob Stolt-Nielsen, has grown to become a dominant force in the global logistics and shipping industry, particularly in the transportation and storage of bulk-liquid chemicals and food-grade products. The company is recognized as the world's largest operator of sophisticated chemical tankers, underscoring its pivotal role in the maritime transport of liquid chemicals. Beyond shipping, Stolt-Nielsen offers comprehensive storage solutions for bulk liquids, catering to a wide range of industries and ensuring safe and efficient handling of these materials. The firm has also expanded into door-to-door transportation services, providing integrated logistics solutions that cover the entire supply chain for its clients. Additionally, Stolt-Nielsen has ventured into sustainable seafood production, leveraging high-tech aquaculture methods to meet the growing demand for high-quality seafood products. The company's interest in LNG shipping and distribution further illustrates its commitment to diversifying its portfolio and exploring new business opportunities within the logistics and transportation sectors. Over six decades, Stolt-Nielsen has built a reputation for innovation and excellence, significantly influencing the development of modern shipping and logistics practices.

Summarized from source with an LLMView SourceSector: Consumer Services

Net Profit and Revenue

Stolt-Nielsen Ltd reported a net profit of $99.2 million for the third quarter of 2024, with revenue reaching $732.8 million. This marks an increase from the third quarter of 2023, where the net profit was $90.1 million and revenue was $694.4 million.

Year-to-Date Performance

For the first nine months of 2024, Stolt-Nielsen Ltd achieved a net profit of $303.3 million and revenue of $2,181.3 million. This is a significant improvement compared to the same period in 2023, which saw a net profit of $198.2 million and revenue of $2,125.0 million.

EBITDA Growth

Stolt-Nielsen Ltd's consolidated EBITDA for the third quarter of 2024 was $215.2 million, an increase from $200.3 million in the third quarter of 2023. This growth reflects the company's strong operational performance.

Earnings Per Share

The earnings per share for Stolt-Nielsen Ltd in the third quarter of 2024 were $1.85, up from $1.68 in the same quarter of the previous year. This increase highlights the company's improved profitability.

Segment Performance

Stolt Tankers reported an operating profit of $107.1 million in the third quarter of 2024, up from $87.3 million in 2023. However, Stolt Tank Containers saw a decrease in operating profit to $16.6 million from $23.9 million. Stolthaven Terminals and Stolt Sea Farm both reported increased operating profits, while Stolt-Nielsen Gas reduced its operating loss.

Summarized from source with an LLMView Source

Key figures

-33.4%1Y

65.0%3Y

242%5Y

Performance

34.4%1Y

33.9%3Y

36.7%5Y

Volatility