TORM plc(TRMD) - 2025 Q1 - Quarterly Report

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 ...