Ramlösa Shipping (RAMSH) Q1 2026 earnings summary

Executive summary

• Net sales for Q1 2026 were 0 tkr, down from 12,246 tkr year-over-year, due to deconsolidation of Atlantic Feeder after reducing ownership to 17% from 68%.

• Operating result was -2,978 tkr (4,129 tkr last year); EBITDA also -2,978 tkr (5,802 tkr last year).

• Net profit for the period was 154 tkr (3,949 tkr), with EPS at 0.0 kr (1.1 kr).

• Equity at period end was 127,060 tkr (115,945 tkr), equity per share 28.3 kr (29.0 kr).

• The company remains debt-free with a strong cash position and stable financial situation.

Financial highlights

• Net sales dropped to 0 tkr from 12,246 tkr year-over-year due to loss of consolidation of Atlantic Feeder.

• Operating result and EBITDA both at -2,978 tkr, reflecting lower activity and one-off management change costs.

• Net profit positively impacted by favorable USD exchange rate (+1.5 mkr), but burdened by ~1 mkr in severance and one-off costs.

• Equity ratio remains high at 98.69%.

• Cash and cash equivalents at period end were 55,986 tkr.

Outlook and guidance

• Management expects to conclude ongoing investigations soon and focus on value-creating transactions.

• No dividend proposal for 2025 due to current market conditions.