TORM plc Q3 2026 Results, Dividend Distribution, and Financial Outlook 2026
PR Newswire•04/11/2026•03:09 ET
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Key Highlights
- ➤Q3 TCE earnings $353m, up 49% year over year
- ➤Q3 net profit $199m, up from $78m year over year
- ➤Q3 dividend $1.35 per share; expected total payment $139m
- ➤2026 TCE guidance raised to $1,750-$1,900m
- ➤2026 EBITDA guidance raised to $1,350-$1,500m
Expert Statements
Jacob Meldgaard, CEO of TORM
“Favorable market conditions, healthy transportation demand, and strong execution contributed to a strong third quarter”
Jacob Meldgaard, CEO of TORM
“We remain confident in the long-term outlook for the product tanker market and are investing selectively in additional newbuildings to renew and grow our fleet, while building on our track record of market-leading performance.”
TORM plc Q3 2026 Results, Dividend Distribution, and Financial Outlook 2026 PR Newswire
HELLERUP, Denmark, Nov. 4, 2026 /PRNewswire/ -- "Favorable market conditions, healthy transportation demand, and strong execution contributed to a strong third quarter," said Jacob Meldgaard, CEO of TORM, adding, "We remain confident in the long-term outlook for the product tanker market and are investing selectively in additional newbuildings to renew and grow our fleet, while building on our track record of market-leading performance."
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