Q1 2023 Stolt-Nielsen Ltd Earnings Call Transcript
Good afternoon, good morning. Thank you for joining us for the Stolt-Nielsen Limited First Quarter 2023 earnings presentation. Together with me here in London is Jens Gruner-Hegge. We will go through the normal agenda, where I talked about Stolt-Nielsen, go through each of the divisions. Jens will take you through the financials, and then we will open up for questions and answers. And the questions can be posted on the -- through this chat function like last time.
The highlights for the first quarter -- all the arrows are pointing upwards, except for the operating revenue, slightly down primarily driven by STC. Otherwise, every other business unit delivered an increased operating revenue. The net profit for the quarter came in just $200,000 short of $100 million at $99.8 million, which is up from $95.3 million in the previous quarter, very much driven by the improved trading results that we see in Stolt Tankers. The EBITDA came in at $213 million, and that is up from $196 million, again driven by the strong
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