TORM plc capital increase in connection with exercise of Restricted Share Units as part of TORM's incentive program

TORM (TRMD) reported record Q2 earnings of $512M, up from $208M a year earlier, driven by geopolitical disruptions. Net profit reached $338M, with EBITDA at $416M. The company raised full-year TCE and EBITDA guidance. A $2.40 per share dividend was approved, and debt decreased to $715M. CEO Jacob Meldgaard noted volatility in freight rates due to geopolitical factors.

TORM (TRMD) reported record Q2 2026 earnings, with TCE earnings of $512M, EBITDA of $416M, and net profit of $338M. Strong freight markets due to geopolitical tensions drove results. The company increased full-year guidance and approved an interim dividend of $2.40 per share. Fleet renewal remains a priority, with 97 vessels and investments in newbuildings scheduled through 2029.

TORM plc reported record Q2 2026 earnings, driven by strong freight markets due to geopolitical tensions. The company outperformed peers with MR fleet earnings and adjusted its fleet renewal strategy. It increased full-year 2026 TCE guidance to USD 1.4-1.6 billion. TORM maintained a strong balance sheet and high dividend payouts, totaling USD 1.5 billion since 2023. Management discussed market inefficiencies, fleet growth, and strategic risks during the earnings call.

Torm (NASDAQ: TRMD) reported Q2 operating expenses of $8,315 per day, driven by higher crew-change and consumable costs. The board approved a $2.40 per share interim dividend, totaling $246 million. The company raised its full-year 2026 outlook, expecting TCE earnings of $1.4B to $1.6B, up from prior guidance of $1.15B to $1.45B. Torm's fleet grew to 97 vessels, and it distributed $15.10 per share in dividends since 2023. Management discussed fleet renewal, geopolitical disruptions, and market c

TORM plc (TRMD) furnished an SEC Form 6-K — earnings release. TORM PLC 120 CANNON STREET LONDON , EC4N 6AS , UNITED KINGDOM COMPANY: 09818726 Interim Results for the Second Quarter and Six Months Ended 30 June 2026 TORM INTERIM RESULTS FOR THE SECOND QUARTER OF 2026 2 Highlights “We delivered the strongest quarterly results in TORM’s histor

TORM plc reported record Q2 2026 results with TCE earnings of $512M, EBITDA of $416M, and net profit of $338M, driven by high freight rates due to geopolitical disruptions. The company raised full-year guidance to $1.4B-$1.6B in TCE earnings and declared a $2.40/share dividend. TORM's fleet value increased to $4.056B, with NAV per share at $36.50.