Group 1 - The global shipping market is experiencing a temporary relief due to a 90-day truce between the US and China, allowing market participants more time to adjust to higher worldwide tariff rates [1] - Despite the truce, uncertainty remains in the market, indicating that challenges may still persist for shipping companies [1]

I last wrote about TORM plc (NASDAQ: TRMD ) in early April when the shipping stocks were facing quite a lot of headwinds due to concerns regarding trade tensions. The stock of various shippingI am a value focused investor, conducting fundamental research on sectors like but not limited to chemicals, homebuilders, building materials, industrials and metals & mining. I prefer to invest in stocks which are cheaply available and have a catalyst in the near future. My investment horizon ranges from a quarter to ...

Exhibit 99.1 Highlights "TORM delivered a solid first-quarter result in line with our expectations despite continued geopolitical uncertainty," says Jacob Meldgaard. In the first quarter of 2025, TORM generated time charter equivalent earnings (TCE) of USD 214.0m including unrealized losses on derivatives of USD 2.1m (2024, same period: USD 330.7m including unrealized losses on derivatives of USD 1.4 m). Adjusted EBITDA totaled USD 137.7m (2024, same period: USD 267.2m), while net profit for the period amou ...

TORM PLC (TRMD) came out with quarterly earnings of $0.62 per share, missing the Zacks Consensus Estimate of $0.64 per share. This compares to earnings of $2.26 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -3.12%. A quarter ago, it was expected that this company would post earnings of $0.60 per share when it actually produced earnings of $0.75, delivering a surprise of 25%.Over the last four quarters, the company has surpas ...

Stocks of the shipping industry have been hit hard by the trade war that the US took on with the rest of the world. Many of the shipping stocks were already witnessing normalization of Time Charter Equivalent [TCE] rates forI am a value focused investor, conducting fundamental research on sectors like but not limited to chemicals, homebuilders, building materials, industrials and metals & mining. I prefer to invest in stocks which are cheaply available and have a catalyst in the near future. My investment h ...

HELLERUP, Denmark, March 21, 2025 /PRNewswire/ -- TORM plc (NASDAQ: TRMD) or (NASDAQ: TRMD-A) has increased its share capital by 262,294 A-shares (corresponding to a nominal value of USD 2,622.94) as a result of the exercise of a corresponding number of Restricted Share Units.All new shares are subscribed for in cash at DKK 0.08 per A-share.Transfer restrictions may apply in certain jurisdictions outside Denmark, including applicable US securities laws. The capital increase is carried out without any pre-em ...

Core Insights - TORM plc reported earnings for the quarter ended December 31, 2024, showing satisfactory results with revenue and earnings per share (EPS) exceeding expectations [1] Financial Performance - The earnings release indicated a beat on both revenue and EPS, although many metrics experienced a decline [1]

TORM plc (NASDAQ:TRMD) Q4 2024 Earnings Conference Call March 6, 2025 9:00 AM ET Company Participants Jacob Meldgaard - Chief Executive Officer Kim Balle - Chief Financial Officer Conference Call Participants Jonathan Chappell - Evercore Omar Nokta - Jefferies Operator Thank you for standing by. My name is Pam and I will be your conference operator today. At this time, I would like to welcome everyone to the TORM 2024 Annual Report Conference Call. All lines have been placed on mute to prevent any backgroun ...

FULL-YEAR RESULTS 2024 06 MARCH 2025 Safe Harbor Statement as to the Future Matters discussed in this presentation material may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements reflect our current views with respect to future events and financial performance and may include statements con ...

Strategic Report 2024 Highlights Contents Annual Report 2024 TORM PLC 4TH FLOOR, 120 CANNON STREET LONDON, EC4N 6AS, UNITED KINGDOM COMPANY: 09818726 | Risk Management | 17 | | --- | --- | | Market Review | 23 | | Financial Review 2024 | 25 | | Market Drivers and Outlook | 34 | | Coverage 2025-2027 | 37 | | TORM Fleet Development | 38 | Sustainability Statement | General | 41 | | --- | --- | | Environment | 60 | | Social | 103 | | Governance | 131 | Governance Governance Introduction | Governance at TORM | ...