Canillo Eitzen & Co has reported group revenues of $563. lm for the full year 2010, up from $545.6m in the previous year. EBITDA improved from $ 18.2m to $28.0m, although financial items and other factors led to a pre-tax loss of $78.7m, a worsening on 2009s $64.6m. The group accounts are becoming rather complicated to read as it has sold off parts of its operating fleets. It sold 40 per cent of Eitzen Ethylene Carriers (EEC) to Jaccar Holdings last year and retains 41.5 per cent of Eitzen Chemical and 56.9 per cent of Eitzen Maritime Services (EMS).
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