Sign in

You're signed outSign in or to get full access.

Euroholdings (EHLD)

--

Recent press releases and 8-K filings for EHLD.

Euroholdings Ltd. Reports Q3 2025 Results and Announces Tanker Acquisition
EHLD
Earnings
M&A
New Projects/Investments
  • Euroholdings Ltd. reported net revenues of $3.0 million and net income of $1.5 million for the third quarter of 2025, resulting in earnings per share of $0.55. For the nine months ended September 30, 2025, net revenues were $8.7 million and net income was $13.4 million, or $4.81 per share.
  • The company announced the acquisition of the 49,997 DWT Product Tanker Vessel, M/T Hellas Avatar, for $31.83 million, with delivery expected in mid-November 2025. This acquisition is partly financed by a $20.0 million loan from Piraeus Bank S.A.. This move follows a Board decision to focus growth in the tanker sector after a change in shareholder base in June 2025.
  • Euroholdings declared a quarterly dividend of $0.14 per share for the third quarter of 2025. Additionally, earlier in the year, the company sold M/V Diamantis P for approximately $13.2 million, realizing a gain on sale of $10.2 million.
Nov 18, 2025, 2:10 PM
Euroholdings Announces Q3 2025 Financial Results and Tanker Acquisition
EHLD
Earnings
New Projects/Investments
Dividends
  • Euroholdings reported total net revenues of $2.96 million, net income of $1.5 million, and $0.55 earnings per basic and diluted share for the third quarter of 2025. For the first nine months of 2025, total net revenues were $8.75 million, net income was $13.4 million, and basic and diluted EPS was $4.81.
  • The company is strategically shifting from container ships to tankers, announcing the acquisition of its first medium-range product tanker, HELLAS AVATAR, for $31.83 million, partly financed by $20 million in bank debt. The vessel is expected to be delivered by the end of the week of November 17, 2025.
  • Euroholdings declared a quarterly dividend of $0.14 per share for Q3 2025, marking its third consecutive such distribution. Earlier in the year, on June 23, Marla Investments acquired 51% of the company from the Pittas family.
  • The cash break-even for the container ship fleet stands at approximately $9,500 per day, while the total cash flow break-even for the newly acquired MR product tanker is about $14,600 per day.
Nov 17, 2025, 3:00 PM
Euroholdings Reports Q3 2025 Results, Announces Strategic Shift to Tankers, and Declares Dividend
EHLD
Earnings
Dividends
New Projects/Investments
  • Euroholdings reported net revenues of $2.96 million, net income of $1.5 million, and $0.55 earnings per basic and diluted share for the third quarter of 2025.
  • The company is undergoing a strategic transformation from container ships to tankers, marked by the acquisition of its first modern medium-range product tanker, the Hellas Avatar, for $31.83 million from an affiliated party.
  • A quarterly dividend of $0.14 per share for Q3 2025 was declared, payable around December 16, 2025, representing an annualized yield of approximately 8%.
  • On June 23, Marla Investments, a company affiliated with the Lattice family, acquired 51% of Euroholdings from the Pittas family, providing a solid and sustainable foundation for the company.
Nov 17, 2025, 3:00 PM
EuroHoldings Reports Q3 2025 Results, Acquires First MR Product Tanker, and Declares Dividend
EHLD
Earnings
Dividends
New Projects/Investments
  • EuroHoldings reported Net Revenues of $2.96 million and Net Income of $1.54 million, or $0.55 per share, for Q3 2025.
  • The company declared a third quarterly dividend of $0.14 per share for Q3 2025, payable around December 16, 2025.
  • Following a strategic decision to focus on the tanker sector announced on August 12, 2025, EuroHoldings acquired its first MR product tanker, M/V Hellas Avatar, for $31.83 million on November 5, 2025.
  • As of September 30, 2025, the company held $17.5 million in Cash & Other Assets and reported a Net Asset Value of approximately $30.2 million, or $10.73 per share.
  • The product tanker market remains strong, with one-year time charter rates reaching a year-to-date high of $23,750/day in early November 2025, and a positive near-term outlook.
Nov 17, 2025, 3:00 PM
Euroholdings Announces Q3 2025 Financial Results and Strategic Tanker Acquisition
EHLD
Earnings
New Projects/Investments
Dividends
  • Euroholdings reported net revenues of $2.96 million and net income of $1.54 million for Q3 2025, resulting in $0.55 earnings per basic and diluted share. For the first nine months of 2025, net revenues were $8.75 million and net income was $13.4 million.
  • The company is strategically shifting from container ships to tankers, marked by the acquisition of the Motor vessel Hellas Avatar, a medium-range product tanker, for $31.83 million. This purchase is partly financed by a $20 million term sheet with Piraeus Bank S.A..
  • Euroholdings declared its third consecutive quarterly dividend of $0.14 per share for Q3 2025, payable around December 16, 2025.
  • Marla Investments acquired a 51% stake in the company from the Pittas family on June 23.
Nov 17, 2025, 3:00 PM
EuroHoldings Ltd. Announces Acquisition of Product Tanker Vessel
EHLD
M&A
New Projects/Investments
  • EuroHoldings Ltd. has signed an agreement to acquire the M/T Hellas Avatar, a 49,997 DWT product tanker vessel built in 2015, for $31.83 million.
  • The acquisition, expected to be delivered in mid-November 2025, represents the company's strategic pivot toward the tanker sector and will be financed with a combination of conventional debt and equity.
  • Following this delivery, EuroHoldings' mixed fleet will consist of 3 vessels with a total carrying capacity of 90,879 dwt.
Nov 5, 2025, 10:22 PM