Mpc Container Ships Asa · OSL:MPCC
Mpc Container Ships Asa — Q3 2025 Earnings Presentation
31 slides from Mpc Container Ships Asa's earnings presentation, Nov 27, 2025
Slide 1: Financial Report Q3 2025
FINANCIAL REPORT Q3 2025 ARTBOX REPORT TEMPLATE ALL RIGHTS RESERVED © ARTBOX AS
Slide 2: Contents
2 Contents Highlights 3 Key Figures 4 Letter to Shareholders 5 Financial Review 7 Container Market Update 10 Forward-Looking Statements 14 Financials 15 Consolidated Interim Financial Statements 15 Notes 21 Alternative Performance Measures 29 Financial Report Q3 2025 ARTBOX REPORT TEMPLATE GO BACK A
Slide 3: Highlights
3 Highlights Highlights CONTENTS | HIGHLIGHTS KEY FIGURES LETTER TO SHAREHOLDERS FINANCIAL REVIEW CONTAINER MARKET UPDATE FORWARD-LOOKING STATEMENTS FINANCIALS HIGHLIGHTS Third Quarter 2025 + Solid financial and operational performance leading to Q3 adjusted EBITDA of USD 74.9 million + Strong backl
Slide 4: Key Figures
4 Key Figures Figures CONTENTS | HIGHLIGHTS KEY FIGURES LETTER TO SHAREHOLDERS FINANCIAL REVIEW CONTAINER MARKET UPDATE FORWARD-LOOKING STATEMENTS FINANCIALS KEY FIGURES Q3 2025 Q3 2024 YTD 2025 YTD 2024 KEY FIGURES (UNAUDITED) (UNAUDITED) (UNAUDITED) (UNAUDITED) Operating revenues USD m 125.9 132.5
Slide 5: Letter to Shareholders
5 Letter to Shareholders Shareholders CONTENTS | HIGHLIGHTS KEY FIGURES LETTER TO SHAREHOLDERS FINANCIAL REVIEW CONTAINER MARKET UPDATE FORWARD-LOOKING STATEMENTS FINANCIALS LETTER TO SHAREHOLDERS Dear shareholders. As we conclude the third quarter of 2025, MPC Container Ships continues to execute i
Slide 6: Letter to Shareholders (continued)
6 Letter to Shareholders Shareholders CONTENTS | HIGHLIGHTS KEY FIGURES LETTER TO SHAREHOLDERS FINANCIAL REVIEW CONTAINER MARKET UPDATE FORWARD-LOOKING STATEMENTS FINANCIALS Looking ahead, our focus remains Operationally, MPCC continues to deliver strong results. We have secured 92% charter coverage
Slide 7: Financial Review
7 Financial Review Review CONTENTS | HIGHLIGHTS KEY FIGURES LETTER TO SHAREHOLDERS FINANCIAL REVIEW CONTAINER MARKET UPDATE FORWARD-LOOKING STATEMENTS FINANCIALS FINANCIAL REVIEW Financial Performance 2024) reflected mainly the carrying amounts of the vessels operated The Group’s vessels are charter
Slide 8: Cash flows, The Fleet, Newbuilding Program
8 Financial Review Review CONTENTS | HIGHLIGHTS KEY FIGURES LETTER TO SHAREHOLDERS FINANCIAL REVIEW CONTAINER MARKET UPDATE FORWARD-LOOKING STATEMENTS FINANCIALS for the first nine months of 2025, of USD 191.4 million, offset by The Fleet USD 10.5 million respectively to an unrelated party. The sale
Slide 9: Corporate Update and Financing Update
9 Financial Review Review CONTENTS | HIGHLIGHTS KEY FIGURES LETTER TO SHAREHOLDERS FINANCIAL REVIEW CONTAINER MARKET UPDATE FORWARD-LOOKING STATEMENTS FINANCIALS China. The vessels are contracted with a 15-year time charter with The Group had 443,700,279 ordinary shares outstanding as at outstanding
Slide 10: Container Market Update
10 Container Market Update Update CONTENTS | HIGHLIGHTS KEY FIGURES LETTER TO SHAREHOLDERS FINANCIAL REVIEW CONTAINER MARKET UPDATE FORWARD-LOOKING STATEMENTS FINANCIALS CONTAINER MARKET UPDATE Container charter markets remained unfazed by economic and political uncertainties. The time charter marke
Slide 11: Freight rate decline continued in the third quarter
11 Container Market Update Update CONTENTS | HIGHLIGHTS KEY FIGURES LETTER TO SHAREHOLDERS FINANCIAL REVIEW CONTAINER MARKET UPDATE FORWARD-LOOKING STATEMENTS FINANCIALS Going forward, the container shipping markets continue to face Capacity absorption, the amount of tonnage tied up by inefficiencie
Slide 12: Interest in secondhand tonnage and newbuildings remained strong
12 Container Market Update Update CONTENTS | HIGHLIGHTS KEY FIGURES LETTER TO SHAREHOLDERS FINANCIAL REVIEW CONTAINER MARKET UPDATE FORWARD-LOOKING STATEMENTS FINANCIALS FIG. 2: HARPEX – TIME-CHARTER RATE DEVELOPMENT, 6–12 MONTHS gearing up for the Chinese Golden Week holiday, that figure rose to sc
Slide 13: Outlook uncertainties remain high
13 Container Market Update Update CONTENTS | HIGHLIGHTS KEY FIGURES LETTER TO SHAREHOLDERS FINANCIAL REVIEW CONTAINER MARKET UPDATE FORWARD-LOOKING STATEMENTS FINANCIALS FIG. 5: ORDERBOOK ACROSS SIZE SEGMENTS COMPARED TO FLEET AGE the orderbook has passed 1,000 vessels representing 10.5m TEU, Here,
Slide 14: Forward-Looking Statements
14 Forward-Looking Statements Statements CONTENTS | HIGHLIGHTS KEY FIGURES LETTER TO SHAREHOLDERS FINANCIAL REVIEW CONTAINER MARKET UPDATE FORWARD-LOOKING STATEMENTS FINANCIALS FORWARD-LOOKING STATEMENTS The forward-looking statements presented in this report are Oslo, November 26, 2025 based on var
Slide 15: Consolidated Interim Financial Statements
15 Financials | Consolidated Interim Financial Statements CONTENTS | HIGHLIGHTS KEY FIGURES LETTER TO SHAREHOLDERS FINANCIAL REVIEW CONTAINER MARKET UPDATE FORWARD-LOOKING STATEMENTS FINANCIALS CONSOLIDATED INTERIM FINANCIAL STATEMENTS Condensed Consolidated Statement of Profit or Loss 16 Note 1 Gen
Slide 16: Condensed Consolidated Statement of Profit or Loss
16 Financials | Consolidated Interim Financial Statements CONTENTS | HIGHLIGHTS KEY FIGURES LETTER TO SHAREHOLDERS FINANCIAL REVIEW CONTAINER MARKET UPDATE FORWARD-LOOKING STATEMENTS FINANCIALS Condensed Consolidated Statement of Profit or Loss Q3 2025 Q3 2024 YTD 2025 YTD 2024 IN USD THOUSANDS NOTE
Slide 17: Consolidated Statement of Comprehensive Income
17 Financials | Consolidated Interim Financial Statements CONTENTS | HIGHLIGHTS KEY FIGURES LETTER TO SHAREHOLDERS FINANCIAL REVIEW CONTAINER MARKET UPDATE FORWARD-LOOKING STATEMENTS FINANCIALS Consolidated Statement of Comprehensive Income Q3 2025 Q3 2024 YTD 2025 YTD 2024 IN USD THOUSANDS NOTES (U
Slide 18: Consolidated Statement of Financial Position
18 Financials | Consolidated Interim Financial Statements CONTENTS | HIGHLIGHTS KEY FIGURES LETTER TO SHAREHOLDERS FINANCIAL REVIEW CONTAINER MARKET UPDATE FORWARD-LOOKING STATEMENTS FINANCIALS Consolidated Statement of Financial Position SEPTEMBER 30, 2025 DECEMBER 31, 2024 SEPTEMBER 30, 2025 DECEM
Slide 19: Consolidated Statement of Changes in Equity
19 Financials | Consolidated Interim Financial Statements CONTENTS | HIGHLIGHTS KEY FIGURES LETTER TO SHAREHOLDERS FINANCIAL REVIEW CONTAINER MARKET UPDATE FORWARD-LOOKING STATEMENTS FINANCIALS Consolidated Statement of Changes in Equity TOTAL EQUITY ATTRIBUTABLE SHARE CAPITAL SHARE PREMIUM OTHER PA
Slide 20: Statement of Cashflow
20 Financials | Consolidated Interim Financial Statements CONTENTS | HIGHLIGHTS KEY FIGURES LETTER TO SHAREHOLDERS FINANCIAL REVIEW CONTAINER MARKET UPDATE FORWARD-LOOKING STATEMENTS FINANCIALS Statement of Cashflow YTD 2025 YTD 2024 YTD 2025 YTD 2024 IN USD THOUSANDS (UNAUDITED) (UNAUDITED) IN USD
Slide 21: Notes
21 Financials | Notes CONTENTS | HIGHLIGHTS KEY FIGURES LETTER TO SHAREHOLDERS FINANCIAL REVIEW CONTAINER MARKET UPDATE FORWARD-LOOKING STATEMENTS FINANCIALS Notes Note 1 General Information Note 2 Accounting Principles and Basis of Preparation Note 3 Segment Information MPC Container Ships ASA (the
Slide 22: Note 4 Operating Revenues; Note 5 Investments in Associate and Joint Venture
22 Financials | Notes CONTENTS | HIGHLIGHTS KEY FIGURES LETTER TO SHAREHOLDERS FINANCIAL REVIEW CONTAINER MARKET UPDATE FORWARD-LOOKING STATEMENTS FINANCIALS Note 4 Operating Revenues Note 5 Investments in Associate and Joint Venture Q3 2025 Q3 2024 YTD 2025 YTD 2024 SEPTEMBER 30, 2025 DECEMBER 31,
Slide 23: Note 6 Vessels
23 Financials | Notes CONTENTS | HIGHLIGHTS KEY FIGURES LETTER TO SHAREHOLDERS FINANCIAL REVIEW CONTAINER MARKET UPDATE FORWARD-LOOKING STATEMENTS FINANCIALS Note 6 Vessels NEWBUILDINGS, TOTAL VESSELS AND USD 8.6 million to an unrelated party. The sale of the vessel was completed in January 2025. As
Slide 24: Notes 7-9 Newbuildings, Cash and Debt
24 Financials | Notes CONTENTS | HIGHLIGHTS KEY FIGURES LETTER TO SHAREHOLDERS FINANCIAL REVIEW CONTAINER MARKET UPDATE FORWARD-LOOKING STATEMENTS FINANCIALS Note 7 Newbuildings Note 9 Non-current and Current Interest-bearing Debt As at September 30, 2025, the Group’s newbuilding program consisted o
Slide 25: Note 9 Interest-bearing Debt (continued)
25 Financials | Notes CONTENTS | HIGHLIGHTS KEY FIGURES LETTER TO SHAREHOLDERS FINANCIAL REVIEW CONTAINER MARKET UPDATE FORWARD-LOOKING STATEMENTS FINANCIALS 2025 2024 In January 2025, the Group used an additional USD 19.5 million of the term loan facility of USD 54.5 million provided by In April 20
Slide 26: Note 10 Related Parties; Note 11 Financial Instruments
26 Financials | Notes CONTENTS | HIGHLIGHTS KEY FIGURES LETTER TO SHAREHOLDERS FINANCIAL REVIEW CONTAINER MARKET UPDATE FORWARD-LOOKING STATEMENTS FINANCIALS Note 10 Related Parties Note 11 Financial Instruments The following table shows the total amount of service transactions that have been entere
Slide 27: Note 12 Share Capital
27 Financials | Notes CONTENTS | HIGHLIGHTS KEY FIGURES LETTER TO SHAREHOLDERS FINANCIAL REVIEW CONTAINER MARKET UPDATE FORWARD-LOOKING STATEMENTS FINANCIALS Cash Flow Hedges Note 12 Share Capital As at September 30, 2025 the Group has five interest rate caps. The table below shows the notional amou
Slide 28: Note 13 Earnings per Share; Note 14 Subsequent Events
28 Financials | Notes CONTENTS | HIGHLIGHTS KEY FIGURES LETTER TO SHAREHOLDERS FINANCIAL REVIEW CONTAINER MARKET UPDATE FORWARD-LOOKING STATEMENTS FINANCIALS Note 13 Earnings per Share Note 14 Subsequent Events Q3 2025 Q3 2024 YTD 2025 YTD 2024 In October 2025, the Group has signed contracts for two
Slide 29: Alternative Performance Measures
29 Financials | Alternative Performance Measures CONTENTS | HIGHLIGHTS KEY FIGURES LETTER TO SHAREHOLDERS FINANCIAL REVIEW CONTAINER MARKET UPDATE FORWARD-LOOKING STATEMENTS FINANCIALS ALTERNATIVE PERFORMANCE MEASURES The Group’s financial information is prepared in accordance with the International
Slide 30: Adjusted Average TCE, Leverage Ratio, OPEX
30 Financials | Alternative Performance Measures CONTENTS | HIGHLIGHTS KEY FIGURES LETTER TO SHAREHOLDERS FINANCIAL REVIEW CONTAINER MARKET UPDATE FORWARD-LOOKING STATEMENTS FINANCIALS Adjusted Average Time Charter Equivalent (TCE) Leverage Ratio Adjusted average TCE is the average TCE for the perio
Slide 31: MPC Container Ships ASA
MPC Container Ships ASA Ruseløkkveien 34, 0251 Oslo PO Box 1251 Vika NO-0111 Oslo, Norway Registered enterprise no. 918 494 316 www.mpc-container.com artbox.no ARTBOX REPORT TEMPLATE ALL RIGHTS RESERVED © ARTBOX AS
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