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Share information

Listing venue - Euronext Growth Oslo
Ticker - WEST
Number of shares - 33,229,715
Face value - NOK 0,05
Registrar - Nordea Issuer Services
Please click here for live share price

Financial calendar

18.08. 2022

First Half Report 2022

07.04. 2022

Annual General Meeting

17.03. 2022

Annual Report 2021

10.02. 2022

Second Half Report 2021 and preliminary 2021 accounts

14.09. 2021

Extraordinary General Meeting

Main shareholders

Main shareholders

Name # of shares Ownership %
Kistefos group 22 893 152 78,19%
Ojada AS 2 776 792 9,48%
Employees 948 698 3,24%
Sniptind Invest AS 645 278 2,20%
Løren Holding AS 274 891 0,94%
Other (204 other shareholders) 1 740 904 5,95%
  29 279 715 100%

The Western Bulk share is registered on the N-OTC list.

General meetings notices and minutes

Key figures

Western Bulk Chartering group

USD million H1 2021 2020 2019 2018
         
Net TC Result 1) 2) 20.2 26.7 (6.4) 31.6
Administrative expenses 10.1 22.9 25.5 26.4
EBITDA 1) 2) 10.1 3.8 (31.8) 5.2
Net profit after tax 1) 2)  9.0 3.2 (38.0) 4.2
         
Net TC margin per ship day (USD) 1) 2) 1 020 663 (117) 573
Average number of vessels operated 109 110 150 151
         
Total assets 121.1 79.3 118.0 116.4
Book equity 29.8 19.8 16.0 24.1
Total liabilities 91.4 59.5 102.1 92.3
         
Free cash 27.5 18.3 24.0 23.0
Restricted cash 13.7 12.0 13.7 8.1
Total cash  41.2 30.3 37.7 31.2

 

1) FY 2019 and FY 2018 including impairment changes on loss-making contracts primarily related to Chile of USD -26.4 million and USD -13.1 million respectively.
2) 1H 2021 Net TC including USD -1.5 million loss on positional FFAs (Forward Freight Agreements). These are derivative positions not qualifying as a hedge, hence booked as financial items in the financial statements.