Western Bulk Chartering As · OSL:WEST
Western Bulk Chartering As — H1 2025 Earnings Presentation
9 slides from Western Bulk Chartering As's earnings presentation, Aug 21, 2025
Slide 1: H1-25 Investor presentation
H1-25 Investor presentation 21.8.2025
Slide 2: Disclaimer
Disclaimer The information in this presentation does not constitute an offer to buy, subscribe or sell any of the securities described herein, and no securities are being offered or sold pursuant hereto. The contents of this presentation shall not be construed as legal, business or tax advice. Weste
Slide 3: Efficiently matching cargo with vessel
Cargo Owners Efficiently matching cargo with vessel Vessel Providers Producers, trading houses and to create an optimized transportation Vessel owners receivers service located worldwide
Slide 4: Key Supramax indexes (BSI)
Key Supramax indexes (BSI) The physical spot market The financial forward market (FFA) The regional markets The BSI index had a dreary start to the year falling Following the spot market, the BSI 58 FFA curve for The basin spread is a key indicator of the difference from about 10k$ to 5.5k$ beginnin
Slide 5: Net TC of 7.6 mUSD, administrative expenses below 10 mUSD
Net TC of 7.6 mUSD, administrative expenses below 10 mUSD Key figures P&L H1-25 • Net TC result of 7.6 mUSD USD MILLION 30.06.25 30.06.24 Gross revenues 499.8 647.4 • L Net TC result 1,2) 7.6 15.1 • Loss after tax of 2.1 mUSD • Weak Q1- period vessels fixed at high market levels in 2024 Administrati
Slide 6: 29 MUSD in free cash and no interest-bearing debt
29 MUSD in free cash and no interest-bearing debt Balance Sheet and cash H1-25 • Available liquidity of 64 MUSD USD MILLION 30.06.25 30.06.24 • Free cash of 29 mUSD Non-current assets 1.5 0.8 • Undrawn bank facilities totaling 35 MUSD Bunker stocks 42.6 50.1 Account receivables 16.5 41.3 Other recei
Slide 7: Market view
Market view The market has experienced a significant increase in rates over the summer which seemed to catch most participants off guard. This has lifted expectations for the remainder of the year and next year. Western Bulk has been well positioned for this Q3 push. While market sentiment has impro
Slide 8: We maintain the same focus to improve our margins – over time this will give results
We maintain the same focus to improve our margins – over time this will give results Our people The culture Data Maintain, train and recruit for profitable Performance culture and winning The data is improving, and we use it growth mentality
Slide 9: Western Bulk
Ei Western Bulk
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