)
Edge3 Oct 2025
Epiroc: A Culture of Moving Mountains
From automation to electrification, Swedish industrial giant Epiroc is leading a transformation in how the world mines.
TORM (TRMD) investor relations material
TORM Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2025 earnings summary14 Aug, 2025
Executive summary
Achieved strong Q2 2025 results with stable freight rates and a positive outlook for Q3, raising full-year guidance on continued momentum.
Net profit for Q2 2025 was $59m, down from $63m in Q1 and $194.2m year-over-year, reflecting normalization of rates.
Sold three vessels in Q2, reducing fleet size to 88; exercised purchase options for 13 leaseback vessels to transition to full ownership.
Maintained a modern, eco-design fleet, with a majority scrubber-fitted.
Board approved interim dividend of $0.40/share for Q2, totaling $39.2m and a payout ratio of 67%.
Financial highlights
Q2 2025 TCE revenue was $208m, down from $214m in Q1; Q2 revenue was $315.2m, down 28% year-over-year.
EBITDA for Q2 was $127m–$129m, compared to $136m in Q1 and $251.1m in Q2 2024.
Net profit for Q2 was $59m (Q2 2024: $194.2m); H1 net profit was $121.6m.
Basic EPS for Q2 was $0.60; dividend payout ratio increased to 67%.
Free cash flow for H1 2025 was $292.9m; net cash from operating activities was $244.4m.
Outlook and guidance
Raised 2025 TCE earnings guidance to $800–950m (from $700–900m) and EBITDA to $475–625m (from $400–600m).
66% of 2025 earning days fixed at $27,833/day; remaining 34% open to market rates.
Positive outlook for Q3 2025, with strong coverage and firming rates.
Key risks include geopolitical conflicts, refinery closures, oil price volatility, and global economic trends.
Why did TORM raise its full-year guidance?
Explain the new financing commitments.
Detail the impact of geopolitical events.
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next TORM earnings date
Q3 20256 Nov, 2025
The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
Related articles
)
Company Research22 Sep 2025
Moody's: Shaping Global Credit
Explore Moody's evolution from publishing manuals to becoming a giant in credit ratings, guiding issuers, investors, and regulators worldwide.
)
Edge19 Sep 2025
American Express: An Empire of Plastic
How history, brand, and structure have steadily built American Express' moat, and why Warren Buffett still calls it a one-of-a-kind business.
Frequently asked questions
TORM plc, is a product tanker company based in the United Kingdom. The firm is engaged in the transportation of refined oil products and crude oil. TORM plc operates through Tankers and Trading, Offshore Services, and Other segments. The Tankers and Trading segment offers storage services for the transport of crude oil, petroleum products, and industrial chemicals; shipping services on behalf of other companies; ship chartering services; equipment leasing services; providing financial and insurance services; and marine brokerage business. The Offshore Services segment provides offshore services to various customers. This segment includes supply vessel operation under transportation contracts; provision of marine equipment group/crewing/management, deckhands, and catering as well as exploration drilling support vessels. TORM is based in London, the United Kingdom.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage