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Torm Plc shares rise 8.02% intraday after strong Q2 results and raised 2025 outlook.
ByAinvest
Thursday, Aug 14, 2025 12:47 pm ET1min read
Torm Plc rose 8.02% intraday, driven by the company's strong Q2 2025 results and raised 2025 outlook. TORM plc, a United Kingdom-based shipping company, reported time charter equivalent earnings (TCE) of USD 208.2m for the second quarter of 2025, with adjusted EBITDA totaling USD. The company's CEO, Jacob Meldgaard, highlighted strong momentum heading into the second half of the year, leading to an increase in full-year guidance.
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