ShippingWatch

Stena earning less and borrowing more

Stena AB's bottom line was reduced in the third quarter of this year. In November, the company renewed a major credit deal.

Photo: Stena

Shipping group Stena AB grew its revenue in the third quarter while earnings declined.

The Swedish company's combined revenue reached SEK 8.47 billion (USD 933 million) in the third quarter of this year, up from SEK 8.08 billion in the same period of 2017.

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