Approval of annual accounts 2017 


Odfjell SE announces that the Company's Board of Directors has approved the 2017
Financial statements in line with the preliminary full year results as presented
15 February 2018, except for increase in results from joint ventures. Hence, the
Odfjell Group's net result has been adjusted upwards with USD 7.8 million,
mainly as a consequence of reduced deferred tax liability in terminals.


Based on the Company's 2017 results, including the profit from the sale of the
Singapore terminal, the Board of Director recommends a dividend of NOK 1.50 per
share. The dividend is subject to shareholders approval and will be voted on at
the Company's Annual General Meeting, scheduled for 8 May 2018 in Bergen,
Norway.

 

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