Torm made USD 77 million operating profit in 2014
Torm achieved a USD 77 million operating profit (EBITDA) in 2014, but the company's bottom line remains negative due to the carrier's significant debt. Torm's survival depends on a new bank agreement.
BY OLE ANDERSEN
Torm delivered an operating profit (EBITDA) of USD 77 million in 2014, but the deficit before taxes came to USD 283 million, compared to a loss of USD 166 million the year before.
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