Overview

* Algoma Q3 2025 revenue rises to C$228,035, reflecting growth across key segments

* EBITDA for Q3 2025 increases to C$89,739 from C$75,696 in 2024

* Company marks milestone with delivery of 100th vessel, Algoma Legacy

Outlook

* Algoma expects strong fleet utilization in Domestic Dry-Bulk due to spot demand and salt volumes

* Product Tanker segment demand expected to remain steady, supporting full employment of vessels

* Ocean Self-Unloader segment may face tight vessel supply due to dry-docking

Result Drivers

* DOMESTIC DRY-BULK - Higher volumes in salt, iron ore, and agricultural products offset lower construction material shipments

* PRODUCT TANKERS - Larger fleet size and higher freight rates boosted revenue and operating earnings

* OCEAN SELF-UNLOADERS - Revenue increased slightly due to fewer dry-docking off-hire days

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 EPS C$0.97

Analyst Coverage

* The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 8 three months ago

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)