Infortar organized a webinar for investors today at 12:00 (EET) in Estonian and at 13:00 (EET) in English to introduce the fourth quarter 2025 results. The webinar was attended by Managing Director of Infortar Martti Talgre and Investor Relations Manager Kadri Laanvee. Webinar is available at followings links: - Estonian webinar- English webinar The webinar presentation is enclosed and also available at Infortar investor web https://infortar.ee/en/reports. Infortar operates in seven countries, the company's ...

Core Insights - Infortar reported a significant increase in sales revenue and EBITDA for the year 2025, with sales revenue rising by over one third to EUR 1.837 billion and EBITDA increasing by 60% to EUR 233 million [1][11][12]. Financial Performance - The Group's total assets reached EUR 2.588 billion, with equity amounting to EUR 1.178 billion and net profit of EUR 72 million [1][15]. - Loan liabilities decreased by one sixth to EUR 1.060 billion, while net debt declined by one fifth to EUR 841 million [1][16]. - The consolidated net profit for 2025 was EUR 71.969 million, down from EUR 193.670 million in 2024, but underlying profitability improved when excluding one-off gains from the previous year [15][23]. Business Segments - The maritime transport segment faced challenges, with Tallink carrying 1.3 million passengers, a decrease of 0.3% year-over-year [6]. - The energy segment, represented by Elenger Grupp, sold 4.8 TWh of energy in Q4 2025, with a market share of 21% [7]. - The real estate segment continued construction projects, including a EUR 67.2 million contract for Rail Baltica and a commercial space for Depo [8]. Investment Strategy - Infortar's investments in agriculture, including the acquisition of Estonian dairy farms, are seen as a strategic move to balance the portfolio and support long-term growth [5]. - The company aims to diversify its risk and generate stable cash flows through active portfolio management across different sectors [4]. Dividends - The Management Board intends to propose a dividend of EUR 3.02 per share for the 2025 financial year, which includes a base dividend and additional dividends from Tallink [17].

Group 1 - AS Tallink Grupp's Chairman of the Management Board, Paavo Nõgene, has submitted his resignation request, effective until May 23, 2026 [1] - The Supervisory Board of AS Tallink Grupp has initiated the search for a new Chairman of the Management Board [2] Group 2 - Infortar operates across seven countries, focusing on maritime transport, energy, and real estate [3] - Infortar holds a 68.47% stake in Tallink Grupp and a 100% stake in Elenger Grupp, along with a real estate portfolio of approximately 141,000 m² [3] - The Infortar group consists of 110 companies, including 101 subsidiaries, 4 affiliated companies, and 5 subsidiaries of affiliated companies, employing a total of 6,558 people [3]

India has extended permission for four Russian insurers to cover tankers calling at its ports https://t.co/Hzt3SzIyBD ...

Q4 & 12M 2025 Financial & Operating Results February 19, 2026 EBITDA, Adjusted EBITDA, Time Charter Equivalent Revenues and Time Charter Equivalent $/per day may be included in our presentations, which are presented because they are used by management and certain investors to measure a company's financial performance and underlying trends as they exclude certain items impacting overall comparability. EBITDA, Adjusted EBITDA, Time Charter Equivalent Revenues and Time Charter Equivalent $/per day are "non-GAA ...

Core Viewpoint - Safe Bulkers, Inc. reported its unaudited financial results for the year ending December 31, 2025, highlighting a cash dividend declaration of $0.05 per share and a decrease in net income compared to the previous year [1][28]. Financial Highlights - Net revenues for Q4 2025 were $72.6 million, a slight increase from $71.5 million in Q4 2024, while total revenues for 2025 were $275.7 million, down from $307.6 million in 2024 [2][40]. - Net income for Q4 2025 was $11.8 million, down from $19.4 million in Q4 2024, with adjusted net income at $15.9 million compared to $18.1 million in the same period last year [2][40]. - EBITDA for Q4 2025 was $33.3 million, down from $41.9 million in Q4 2024, while adjusted EBITDA was $37.4 million compared to $40.7 million in Q4 2024 [2][40]. Operational Metrics - The average daily time charter equivalent (TCE) rate for Q4 2025 was $17,050, an increase from $16,521 in Q4 2024 [3][40]. - Daily vessel operating expenses rose to $5,683 in Q4 2025 from $5,047 in Q4 2024, with expenses excluding dry-docking and pre-delivery costs at $5,057, up from $4,787 [3][48]. - The average age of the fleet increased to 10.39 years as of December 31, 2025, compared to 9.99 years in the previous year [4][60]. Debt and Liquidity - Total debt as of December 31, 2025, was $540.1 million, with a consolidated leverage of approximately 34% [4][21]. - The company had $162.8 million in cash and cash equivalents, along with $219.5 million in undrawn revolving credit facilities [4][23]. - The repayment schedule for secured debt indicates significant payments due in 2026 and 2027, totaling $44.8 million and $186.7 million, respectively [21]. Fleet and Environmental Initiatives - The fleet consisted of 45 vessels, with one vessel agreed to be sold, and an orderbook of eight newbuilds, including two methanol dual-fueled vessels [12][13]. - The company is focused on environmental upgrades, with 26 vessels upgraded to improve energy efficiency and reduce greenhouse gas emissions [9][10]. - The company has amended its credit facility to align with its sustainability agenda, incorporating performance metrics related to fleet carbon intensity [8]. Dividend Policy - The Board declared a cash dividend of $0.05 per share, payable on March 18, 2026, to shareholders of record as of March 2, 2026 [28][29]. - The company has a history of consistent dividend payments, including a previous dividend of $0.05 per share in November 2025 [30].

Infortar will organize a webinar for investors on 25 February 2026 at 12:00 (EET) in Estonian and at 13:00 (EET) in English to introduce the fourth quarter 2025 results. The webinar will be attended by the Managing Director Martti Talgre and Investor Relations Manager Kadri Laanvee. The webinar will be hosted on the Microsoft Teams platform. Please note that to participate, no prior registration is required, and no reminder of the webinar will be sent. You can either participate by joining from your web bro ...

Group 1 - Elenger Grupp, a subsidiary of Aktsiaselts Infortar, has acquired a 100% ownership interest in the Latvian company SIA 'Mood Deco', which owns a battery energy storage park project currently in development [1] - The transaction is not between related parties, and members of the Supervisory Board and Management Board of Aktsiaselts Infortar have no personal interest in the transaction [2] Group 2 - Aktsiaselts Infortar operates in seven countries, focusing on maritime transport, energy, and real estate, with a 68.47% share in Tallink Grupp and a 100% share in Elenger Grupp [3] - Infortar has a modern real estate portfolio of approximately 141,000 square meters and employs 6,558 people across 110 companies, including 101 subsidiaries and 4 affiliated companies [3]

US move tanker captain and first officer from UK waters https://t.co/DfIbVq3qJc ...

Core Points - A passenger transport public service contract was signed between the Ministry of Regional Development and Agriculture and OÜ TS Laevad for a seven-year period starting on 1 October 2026 [1] - TS Laevad will operate passenger transport services on the Virtsu-Kuivastu and Rohuküla-Heltermaa ferry routes using four of its own ferries and one additional state-owned ferry [2] - An amendment to the agreement allows the ferry Regula, owned by TS Laevad, to be used instead of the state-owned ferry until 31 December 2028 [3] - Regula is expected to make up to 800 trips per year from 1 October 2026 to 31 December 2028, with the Ministry paying both a fixed and variable fee for its use [4] - The contract amendment is seen as beneficial for TS Laevad and investors of the Port of Tallinn, providing stable income and return on assets [5] - Tallinna Sadam operates one of the largest cargo and passenger port complexes in the Baltic Sea region, with subsidiaries involved in ferry services and shipping [5]