Compared to the previous year’s period, revenues fall by 15 percent to € 373.6 million | Operating result (EBITDA) falls by 31.1 percent to € 136.8 million |
Group result remains burdened by the increase in non-cash extraordinary impairments on vessels of € 66.7 million in Q3 2016 to € 190.7 million | Less-for-longer and sale-and-lease-back agreements successfully implemented as part of the package of measures to strengthen the Group’s liquidity and financial position | Ending of full consolidation of Rickmers Maritime | Weak outlook for financial year 2016 confirmed