Euronav NV (NYSE:EURN)

$ 20.17 0.51 (2.59%) Market Cap: 3.89 Bil Enterprise Value: 4.87 Bil PE Ratio: 3.45 PB Ratio: 2.03 GF Score: 78/100

Euronav NV Capital Markets Day Transcript

Jan 12, 2024 / 09:00AM GMT

Release Date Price: $17.56 (-0.23%)

Transcript

Operator

Everyone is on mute. (Operator Instructions) I will now hand the floor to Alexander to start the Capital Markets Day.

Alexander Saverys Euronav NV;CEO

Dear valued shareholders of Euronav, dear analysts, dear journalists, dear ladies and gentlemen, welcome to Euronav's Capital Market Day. We have organized this event to provide you more information about the recently announced acquisition of CMB.TECH. We will dive more into details and numbers as the morning proceeds, hoping to provide you all the necessary facts and figures to properly understand what this transaction entails.

A lot has been said and written about CMB, CMB.TECH, and Euronav for the past 18 months. The contents ranged from relatively accurate to totally off the mark. We understand it has been difficult to assess what the new diversification and decarbonization strategy for Euronav means without having access to more information. And I will not dwell on the reasons why we cannot provide you with this information because this would involve too much lawyer talk and we had enough of

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