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D'Amico, record profit in 2015

The company that produces tankers has communicated that it is the best result since 2009 – Revenues were equal to 310,7 million (almost 100 more than 2014) – Proposed dividend of 0,03 dollars.

D'Amico, record profit in 2015

Il d'Amico international shipping group approved the accounts as at December 31, 2015 which close with a consolidated net profit of 54,5 million US dollars. It is, underlines the company that produces tankers, of the best result since 2009. The board that approved the accounts also proposed the distribution of a dividend of $0,03 Americans per share. Revenues amounted to 310,7 million (compared to 212,5 million as at 31 December 2014); the ebitda stood at 97,1 million. Cash flow from operating activities amounted to $68,5 million while net debt increased to $422,5 million from $340,9 million as of December 31, 2014.

“I am very happy – he declared the managing director Marco Fiori – to announce that in 2015 d'Amico International Shipping recorded a record net income of $54,5 million, which represents the best result since 2009”. According to the top manager, the market is "characterized by very good fundamentals for the next few years, thanks in particular to the context of low oil prices which has led to an increase in world consumption of derivative products and to strengthening the refining margins deriving from such a scenario ”. Fiori also says he is "convinced that the aforementioned market fundamentals together with the growth and success of our commercial strategy will allow our company to continue to generate positive returns and increase shareholder value".

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