Please find enclosed the presentation of Frontline plc´s fourth quarter 2023 results to be held on the webcast / conference call 29 February, 2024 at 15:00 CET. This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act Attachment Presentation Q4 2023...
FRONTLINE PLC REPORTS RESULTS FOR THE FOURTH QUARTER ENDED DECEMBER 31, 2023 Frontline plc (the “Company” or “Frontline”), today reported unaudited results for the three and twelve months ended December 31, 2023: Highlights Profit of $118.4 million, or $0.53 per share for the fourth quarter of 2023. Adjusted profit of $102.2 million, or $0.46 per share for the fourth quarter of 2023. Declared a cash dividend of $0.37 per share for the fourth quarter of 2023. Reported revenues of $415.0...
Frontline plc.’s preliminary fourth quarter 2023 results will be released on Thursday February 29, 2024, and a webcast and conference call will be held at 3:00 p.m. CET (9:00 a.m. U.S. Eastern Time). The results presentation will be available for download from the Investor Relations section at www.frontlineplc.cy ahead of the conference call. In order to attend the conference call you may do one of the following: a. Webcast Go to the Investor Relations section at www.frontlineplc.cy and follow...
Frontline plc.’s preliminary fourth quarter 2024 results will be released on Thursday February 29, 2024, and a webcast and conference call will be held at 3:00 p.m. CET (9:00 a.m. U.S. Eastern Time). The results presentation will be available for download from the Investor Relations section at www.frontlineplc.cy ahead of the conference call. In order to attend the conference call you may do one of the following: a. Webcast Go to the Investor Relations section at www.frontlineplc.cy and follow...
Frontline plc (the “Company” or “Frontline”) (NYSE: FRO – OSE: FRO) today announced that it has entered into an agreement whereby the Company will sell its five oldest VLCCs, built in 2009 and 2010, for an aggregate net sale price of $290 million. The vessels are expected to be delivered to the new owner during the first quarter of 2024. After repayment of existing debt on the vessels, the transaction is expected to generate net cash proceeds of approximately $207 million, and the...
Frontline plc (the “Company”) advises that the 2023 Annual General Meeting of the Shareholders of the Company was held on 12 December 2023 at 09:00 a.m. at Soteriou Tofini Street 4, Ayios Athanasios, 4102 Limassol, Cyprus. The audited consolidated financial statements for the Company for the year ended 31 December 2022 were presented to the Meeting. In addition, the following resolutions were passed: To re-elect John Fredriksen as a Director of the Company. To re-elect James O’Shaughnessy...
Please find enclosed the presentation of Frontline plc´s third quarter 2023 results to be held on the webcast / conference call 30 November, 2023 at 15:00 CET. This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act. Attachment Presentation Q3 2023...
FRONTLINE PLC REPORTS RESULTS FOR THE THIRD QUARTER ENDED SEPTEMBER 30, 2023 Frontline plc (the “Company” or “Frontline”), today reported unaudited results for the nine months ended September 30, 2023: Highlights Profit of $107.7 million, or $0.48 per basic and diluted share for the third quarter of 2023. Adjusted profit of $80.8 million, or $0.36 per basic and diluted share for the third quarter of 2023. Declared a cash dividend of $0.30 per share for the third quarter of 2023. Reported...
Frontline plc.’s preliminary third quarter 2023 results will be released on Thursday November 30, 2023, and a webcast and conference call will be held at 3:00 p.m. CET (9:00 a.m. U.S. Eastern Time). The results presentation will be available for download from the Investor Relations section at www.frontlineplc.cy ahead of the conference call. In order to attend the conference call you may do one of the following: a. Webcast Go to the Investor Relations section at www.frontlineplc.cy and follow...
Frontline plc (“Frontline”) (NYSE and OSE: FRO), today announced that the sale by Frontline of 13.7 million shares in Euronav NV (“Euronav”) to CMB NV (“CMB”) has been completed. On 9 October 2023 Frontline announced that it had agreed on an integrated solution to the strategic and structural deadlock in Euronav, where Frontline had entered into agreements with Euronav to acquire a high-quality ECO fleet of 24 VLCCs with an average age of 5.3 years, for an aggregate purchase price of...
Frontline plc (the “Company”) announces that its 2023 Annual General Meeting will be held on December 12, 2023. A copy of the Notice of Annual General Meeting and associated information including the Company’s Annual Report on Form 20-F for 2022 can be found on our website at www.frontlineplc.cy and attached to this press release. November 20, 2023 Limassol, Cyprus This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act...
Frontline plc (the “Company”) advises that the 2023 Annual General Meeting of the Company will be held on December 12, 2023. The record date for voting at the Annual General Meeting is set to November 20, 2023. The notice, agenda and associated material will be distributed prior to the meeting. Limassol, Cyprus November 10, 2023 This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act....
Please find enclosed the presentation in relation to Frontline plc´s investor call to be held on the webcast / conference call October 9, 2023 at 15:00 CET. This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act. Attachment Investor Presentation - October 9 2023...
Frontline plc. will host an investor presentation in relation with the announcement «Fully funded acquisition of 24 modern VLCCs from Euronav NV» today, Monday October 9, 2023. A webcast and conference call will be held today at 3:00 p.m. CET (9:00 a.m. U.S. Eastern Time). The presentation will be available for download from the Investor Relations section at www.frontlineplc.cy ahead of the conference call. In order to attend the conference call you may do one of the following: a. Webcast Go...
Frontline plc (“Frontline”) (NYSE and OSE: FRO), today announced that as an integrated solution to the strategic and structural deadlock in Euronav NV (“Euronav”), Frontline has entered into agreements with Euronav to acquire a high-quality ECO fleet of 24 VLCCs with an average age of 5.3 years, for an aggregate purchase price of USD 2,350 million (the “Acquisition”). The Acquisition is fully funded through the sale of Frontline’s shares in Euronav to CMB NV (“CMB”) and an...
With reference to the stock announcement by Euronav BV (“Euronav”) on 5 October 2023, Frontline plc (“Frontline” or the “Company”) confirms that Frontline, CMB NV (“CMB”) and Euronav, are in discussions on an integrated solution to the strategic and structural deadlock in Euronav. The potential transaction, which is subject to board approval and documentation, comprises the following interdependent elements: Frontline would acquire a modern fleet of 24 VLCC tankers from the...
Frontline plc (the “Company”) announces the filing of its half yearly report for the six months ended June 30, 2023. The half yearly report can be downloaded from the Company’s website www.frontlineplc.cy or from the link below. September 14, 2023 Frontline plc Limassol, Cyprus. Questions should be directed to: Lars H. Barstad: Chief Executive Officer, Frontline Management AS +47 23 11 40 00 Inger M. Klemp: Chief Financial Officer, Frontline Management AS +47 23 11 40 00 This information...
Please find enclosed the presentation of Frontline plc´s second quarter 2023 results to be held on the webcast / conference call 24 August, 2023 at 15:00 CET. This information is subject to the disclosure requirements pursuant to section 5 – 12 of the Norwegian Securities Trading Act Attachment Presentation Q2 2023...
FRONTLINE PLC REPORTS RESULTS FOR THE SECOND QUARTER ENDED JUNE 30, 2023 Frontline plc (the “Company” or “Frontline”), today reported unaudited results for the six months ended June 30, 2023: Highlights Highest second quarter profit since 2008 of $230.7 million, or $1.04 per basic and diluted share for the second quarter of 2023. Adjusted profit of $210.0 million, or $0.94 per basic and diluted share for the second quarter of 2023. Declared a cash dividend of $0.80 per share for the...
Frontline plc.’s preliminary second quarter 2023 results will be released on Thursday August 24, 2023, and a webcast and conference call will be held at 3:00 p.m. CET (9:00 a.m. U.S. Eastern Time). The results presentation will be available for download from the Investor Relations section at www.frontlineplc.cy ahead of the conference call. In order to attend the conference call you may do one of the following: a. Webcast Go to the Investor Relations section at www.frontlineplc.cy and follow...
