TORM plc Upgrades Full-Year Guidance
TORM plc raised its full-year 2026 guidance, with TCE now expected at USD 1,700-1,900m versus the prior USD 1,400-1,600m range. Full-year EBITDA guidance was lifted to USD 1,300-1,500m from USD 1,000-1,200m, a roughly 25% increase at the midpoint, driven by strong forward freight coverage and favorable product tanker market conditions.
Key figures
- Guidance
- FY2026 TCE raised to USD 1,700-1,900m (from USD 1,400-1,600m); FY2026 EBITDA raised to USD 1,300-1,500m (from USD 1,000-1,200m)
- Tce prior low usd m
- 1400
- Tce prior high usd m
- 1600
- Ebitda prior low usd m
- 1000
- Tce guidance low usd m
- 1700
- Ebitda prior high usd m
- 1200
- Tce guidance high usd m
- 1900
- Ebitda guidance low usd m
- 1300
- Ebitda guidance high usd m
- 1500
AI analysis
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