IMSK - Notice of Ordinary Annual General Meeting
The Ordinary Annual General Meeting of the shareholders
will be convened on Monday, 26 March 2012, at 16.00 at the
Company's offices at Karenslyst Allè 8B, Skøyen,
Oslo.
IMSK - Annual Report 2011
I.M. Skaugen SE has today posted its audited Annual Report 2011 on www.skaugen.com. Notice for ordinary general meeting on the 26 March 2011 was also sent to the shareholders by regular mail today. The notice is also posted on company's website.
The company has recorded minor changes from the preliminary
unaudited results on 16 January 2012.
For the year, IMS reported a net loss of USD9.8 million (loss
of USD14.9 million in 2010). Total Comprehensive loss of
USD11 million (loss of USD15.4 million in 2010). The
EBITDA was USD 30 million (USD19.4 million in 2010). The
Group's gross revenues totalled USD116.8 million
(USD116.9 million in 2010).
The book equity totaled USD70 million.
I.M. Skaugen SE
If you have any questions, please contact:
Bente Flø, Chief Financial Officer, on telephone +47 23 12 03
30/+47 91 64 56 08 or by e-mail: bente.flo@skaugen.com. The
press release is also available on our website:
www.skaugen.com.
I.M. Skaugen SE (IMS) is a marine transport service
company, with a focus on Innovative Maritime Solu-tions. Our
core business is the seaborne transport and logistics of
liquefied gas, such as petrochemical gases, LPG and LNG.
IMS currently operates 39 vessels worldwide, which are
engaged in the transportation of petrochemical gases,
chemicals, LPG and LNG, the marine transfer of crude oil and
LNG, as well as LNG terminal man-agement. We also have
in-house capability for the development and design of
specialized high quality vessels within our niche.
IMS employs approximately 2.000 people, with 20
nationalities represented. We manage and operate our
activities from our offices in Singapore, Shanghai, Bahrain,
Houston, St. Petersburg, Sunderland and Oslo.
IMS is listed on the Oslo Stock Exchange under the ticker
code, IMSK.