CMB.TECH Q1 2026 Financial Results: Record $368.8M Profit and $0.64 Dividend

CMB.TECH NV reported exceptional unaudited financial results for Q1 2026, with profit of $368.8 million (up from $40.4 million in Q1 2025) and EBITDA of $558.3 million. The company achieved significant gains from vessel sales totaling $267.4 million, including six VLCCs and two Capesize vessels. Revenue increased to $519.6 million from $235.0 million year-over-year. CMB.TECH announced its intention to distribute $0.64 per share, consisting of a $0.20 interim dividend and $0.44 from share premium reserve. The company's contract backlog grew to $3.26 billion with new Suezmax time charters. Fleet developments included delivery of seven newbuilding vessels and continued vessel sales. The company reported strong performance across all segments, benefiting from favorable tanker and dry bulk markets, with CEO Alexander Saverys describing the current market as a "Goldilocks moment."