Euroholdings: Plans New Step in Product Tankers
Euroholdings Ltd., controlled by the Latsis family, is expanding its presence in the product tankers market with plans to acquire a new MR product tanker.
Euroholdings Ltd., a company overseen by the Latsis family, is making strategic advancements in the product tankers sector with its announcement of plans to acquire an additional MR product tanker. This move comes as the company recently presented its financial results, showcasing a healthy performance in the quarter ending in December 2025.
In that quarter, Euroholdings reported net revenues of $4.5 million, reflecting a significant increase of about 25% compared to the same period in the previous year. The companyβs net earnings stood at $1.3 million, translating to $0.45 per share, while the adjusted EBITDA reached $1.6 million, a notable improvement from previous years' negative results. Collectively, these figures illustrate a robust operational performance, highlighting Euroholdings' strategic growth amidst a competitive market.
Yearly figures further cement this positive trajectory, with total net revenues amounting to $13.2 million and net earnings rising to $14.7 million, supported by an adjusted EBITDA of $4.7 million. The reported adjusted earnings also rose to $4.5 million, or $1.60 per share, confirming the company's stable operational output and suggesting that Euroholdings is poised for continued success in the product tankers market.