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I. M. Skaugen SE : 3Q Result 2014 (IM Skaugen ASA)

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(Source: IM Skaugen ASA) The I.M. Skaugen Group (IMSK) had a negative result for 3Q14 of USD 4.5 mill vs a negative USD 6.8 mill in 2Q14.  During 3Q14 the EBIT result for the Norgas segment continued its positive trend and improved with USD 1.4 mill from a negative USD 2.9 mill in 2Q14 to a negative of USD 1.5 mill in 3Q14. PERFORMANCE IN 3Q14 During the 3Q14 we experienced a continuing positive trend of quarter on quarter improvements for our core business; Norgas Carriers. The EBIT result improvement for Norgas Carriers in 3Q14 was USD 1.4 mill, from a negative of USD 2.9 mill in 2Q14 to a negative of USD 1.5 mill in 3Q14. At present, we see this underlying trend of improving trading...

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