CEO Andreas Enger highlighted another strong quarter for Höegh Autoliners with adjusted EBITDA of $181 million and net income of $138 million.

He emphasized the record high rates of over $100 and dividends of $90 million for the fourth quarter, which would result in a total distribution of $841 million in 2024.

Enger referred to the accelerated delivery of three newbuilds and confirmed that the company is fully funded for its newbuilding program with only USD 11 million in equity installments remaining.

$HAUTO (-2,68 %)

Geopolitical uncertainties, particularly in relation to Red Sea operations, remain a major concern.

Management is monitoring the situation closely but does not anticipate any immediate solutions.

Tariffs and potential changes in global trade policy could pose risks to the company.

Management noted a limited direct risk, but acknowledged that there will be a broader impact on global trade dynamics.

Fluctuations in fuel prices and operating costs could impact financial performance, although management highlighted ongoing efforts to improve fuel efficiency.

$HAUTO (-2,68 %)

Oslo, February 14, 2025: Höegh Autoliners ("Höegh Autoliners" or the "Company",

stock exchange symbol: HAUTO) reported a solid financial

2024 a solid financial performance. Gross revenue amounted to USD 352 million/NOK 3,878 million and operating profit

(EBITDA) amounted to USD 179 million/NOK 1,967 million and net profit after tax to

USD 138 million/NOK 1,517 million.

Highlights of the quarter

 Operating profit (EBITDA) of USD 179 million and net profit after tax of

USD 138 million.

 Gross freight rate decreased by 1% to USD 100.4 per CBM compared to the third quarter of 2024

 Höegh Borealis delivery in October.

 Delivery of Höegh Australis and Höegh Sunlight in December.

 Several contracts were signed with major international car manufacturers in the fourth quarter,

leading to the company's highest order backlog ever.

 Dividend of USD 245 million for the third quarter of 2024 was paid out in December 2024

 A dividend of USD 90 million (USD 0.4718 per share) for the fourth quarter of 2024 was declared and

will be paid out in March.

 The total dividend to be paid out in 2024 amounts to USD 841 million (USD 4.4084 per share).

share).

Outlook

Due to several new contracts signed in 2024, Höegh Autoliners starts the year with the

starts 2025 with the strongest order backlog the company has ever had.

normal seasonal slowdown at the beginning of the year, we expect volumes in the first quarter to be

quarter will be in line with those of recent quarters.

The delivery of new builds will gradually ease some of the pressure in our segment

segment, but the general market remains strong and has more volume than we can

can transport in important trade routes.

With regard to the crossing of the Red Sea, we are in regular contact with the relevant

relevant stakeholders and monitor the situation continuously.

The geopolitical landscape is unpredictable and uncertainty has increased in

increased in recent weeks with the threat and introduction of new tariffs. Höegh

Autoliners' direct exposure has been limited so far, but in general any tariff will have a negative

will have a negative impact on the overall market.

We expect an EBITDA result for Q1 that is slightly below that of the same quarter last year.

No good figures from $HAUTO (-2,68 %) . ..

• EBITDA FALLS BY $ 179 MILLION IN THE 4TH QUARTER COMPARED TO $ 199 MILLION IN THE PREVIOUS YEAR
• TOTAL SALES IN THE 4TH QUARTER AMOUNTED TO $ 352 MILLION COMPARED TO $ 382 MILLION IN THE PREVIOUS YEAR
• The dividend is announced at USD 0.4718 per share. EX date is 24.02.2025, the share must be in the depository account on 21.02.2025, payment date is 05.03.2025

If you are interested, you can read the full report here: Höegh_Q4_2024_final.pdf

$HAUTO (-2,68 %)

the share seems to be quite favorably valued in terms of P/E ratio, KCV and potential dividend and is a clear value stock for me. Is there any news that explains the strong volatility in the last few days?

$HAUTO (-2,68 %)
#dividends Hi, I'm completely new to the community.

Question: how exactly does the procedure work with the refund of withholding tax/ Norway?

Thank you very much in advance for your reply.

Holm

I need a brief explanation of what the euro value refers to in the intraday display. According to my math skills, it somehow doesn't add up. $HAUTO (-2,68 %)

Today I would like to introduce you to my favorite dividend share. It is not very well known and I would like to know what you think of it.

Now it has $HAUTO (-2,68 %) has a very high dividend yield, which may put some people off, but I have just found a very good video where all the information about this company has been compiled.

The next ex-date is 09.12.2024 and I will increase my position again then.

https://youtu.be/LmCJxD-S4AQ?si=048gQHh9BcE2UYD0

$HAUTO (-2,68 %)

Question about the upcoming dividend payment from Höegh Autoliners

Hello everyone,

I have a question about the dividend payment on the Norwegian share Höegh Autoliners. I am interested in how much of it will actually be left after taxes.

A payment of €1.217 per share is to be made on 09.12., which will then be credited on 18.12.. With the last dividend payment from Höegh, however, the amount paid out was unclear, as apparently a whole lot of national taxes unknown to me were deducted.

Can you perhaps explain this to me?

Exactly what taxes are deducted and in what amount?

How high will the net amount be that is actually paid out in the end?

Whether the announced price devaluation to NOK 1 will have a positive effect on the dividend and the further share price development in the future and what tax consequences this could have?

What effect will the current entry of the Italian shipowner Grimaldi (see how cunning the rascal looks :-), who already holds a large stake, have here? He receives a decent dividend position and reinvests in further Höegh shares a few days later when the share price is low. How do you see this? https://splash247.com/emanuele-grimaldi-strengthens-foothold-in-hoegh-autoliners/

Many thanks in advance for your help - I hope you can provide some clarity!

Best regards Sven

$HAUTO (-2,68 %) How do you do that? Sell everything after the exday, take the dividend and get back in after the devaluation to NOK 1? Is it already known when the devaluation will take place? Can't find anything on the net.