Скачать или смотреть Stolt-Nielsen (SNI) Q2 2025 Earnings Call - Full Coverage

Stolt-Nielsen delivered strong Q2 2025 results with EBITDA holding firm at $210M despite a 16% drop in Tankers EBITDA. The diversified liquid logistics portfolio proved resilient amid geopolitical and macroeconomic volatility. Highlights include record operating profit at Stolthaven Terminals, stable Sea Farm pricing, and a new full-year EBITDA guidance range of $740M–$810M. The company emphasized its identity as a logistics—not just tanker—business. Investment outlook remains strong with $460M CapEx planned for 2025. The call also discussed impacts from tariff exemptions, market uncertainties, and a shift away from segment-specific guidance. 🚢 Logistics-focused strategy shows long-term strength. 📈 Sentiment: Buy | Allocation: 10–15% in diversified industrials | 🪙 Hold 5% cash buffer.

00:00 - Introduction by VP Alex Mung
01:00 - CEO Udo Langer's Business Overview
02:48 - Tanker EBITDA Down 16%
04:42 - Full-Year EBITDA Guidance ($740M–$810M)
06:16 - Investments, CapEx & Dividend Update
09:32 - Financials by CFO Jens Grunerhaega
15:52 - CapEx and Debt Profile Outlook
18:53 - Divisional Highlights (Tankers, Terminals, STC, Sea Farm)
23:53 - Market Outlook and Supply Dynamics
25:46 - Strategic Focus and Resilience
29:03 - Q&A Begins
30:16 - Rationale Behind Guidance Shift
33:17 - HS4 Acquisition Impact
34:43 - Newbuilding Program Update
36:21 - Shift Away From TCE Guidance
38:34 - Spot vs Contract Rates
39:36 - Closing Remarks and Next Call Preview

📢 Disclaimer: This video includes segments from Stolt-Nielsen’s 2025 Q2 earnings call, used for educational purposes under fair use (Section 107, US Copyright Act). No affiliation or endorsement by Stolt-Nielsen is implied. All rights remain with Stolt-Nielsen. For details, visit [https://www.stolt-nielsen.com](https://www.stolt-nielsen.com). For inquiries, contact [email protected].