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TORM plc Upgrades Full-Year Guidance

PR Newswire•12/10/2026•07:51 ET
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Key Highlights

  • ➤2026 TCE guidance raised to USD 1,700–1,900m from USD 1,400–1,600m
  • ➤2026 EBITDA guidance raised to USD 1,300–1,500m from USD 1,000–1,200m
  • ➤TORM cites exceptional market strength and strong execution behind record-level guidance
  • ➤Q3 2026 financial results scheduled for 4 November 2026

Expert Statements

Jacob Meldgaard, CEO of TORM

“Exceptional market strength and strong execution have led us to raise our full-year guidance to new record levels. Our scale and agility support our track record of market-leading performance”

HELLERUP, Denmark, Oct. 12, 2026 /PRNewswire/ -- TORM plc (NASDAQ: TRMD) (NASDAQ: TRMD A) today announces that, based on the Company's current coverage and expectations for continued market strength during the remainder of the fourth quarter of 2026, TORM has increased its full-year guidance for 2026.

TORM now expects full-year 2026 TCE to be in the range of USD 1,700 – 1,900m and full-year 2026 EBITDA to be in the range of USD 1,300 – 1,500m, compared to previous guidance of TCE of USD 1,400 – 1,600m and EBITDA of USD 1,000 – 1,200m.

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