2013 AT A GLANCE

Caring creates a commitment to service”

—Dan Sten Olsson, CEO

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06:30 AM

IRISH SEA

Stena Line’s Superfast VII en route from Belfast, Ireland to Cairnryan, Scotland. Customer satisfaction on board Stena Line’s vessels has increased since 2012, and 53% of all passengers now say they are very satisfied with their trip.

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07:30 AM

Göteborg

Shipowner Dan Sten Olsson has arrived at Stena’s head office in Göteborg. Together with Carl-Johan Hagman, he reviews the day’s agenda.

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12:00 AM

Mumbai

Future cadets attend a morning lecture in Behaviour-based Safety Training at Northern Marine Management in Mumbai.

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2:30 PM

Guangzhou

Guangzhou Shipyard International in China is building Stena Bulk’s new IMOIIMAX tankers, the first of which, Stena Impression, is scheduled for launch in July 2014.

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3:30 PM

GOYANG SIKSA

Entrance to Envac’s vacuum waste collection facility in Goyang Siksa, outside Seoul, South Korea. The system handles waste from 8,800 households, or about 11 tonnes a day.

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5:30 pm

Wellington

Stena Alegra arrives at the port of Wellington on New Zealand’s North Island after crossing the Cook Strait from the South Island.

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00:30

houston

Night falls on Stena Realty’s new building on Wickchester Lane in Houston. Offices will be ready for new tenants in August 2014.

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2:30 am

bahia blanca

Stena Blue Sky arrives in Bahia Blanca, Argentina to discharge LNG for the customer, Gazprom. One of Stena’s three LNG tankers, she has a cargo capacity of 145,819 m3.

BUSINESS idea

By using our competence in, above all, service, trading and ships, to make money in the business areas shipping, ferry lines, offshore, real estate and finance.

To create new companies for the future.

To take care of our most important asset in the long term, our customers, in such a way that we contribute to their development as well as that of society.

CUSTOMER RELATIONSHIPS

  1. Always the customer’s first choice
  2. Leader in quality and quality-assuring partner
  3. Always efficient and effective with our own and others’ resources
  4. Clearly delegated business responsibility

We are committed to comply with the standards formulated by the Logistics & Transportation Corporate Citizenship Initiative (L&TCCI) of the World Economic Forum.

RESPONSIBILITY IN OUR BUSINESS RELATIONSHIPS

By building long-term relationships with our customers, suppliers and subcontractors, we are committed to delivering high-quality and best-value services.

We will meet the highest safety standards. Trust is the basis of all our relationships in society.

We are committed to meet the expectations of our customers in respect of responsible business practices.

We share our principles of Corporate Citizenship with our business partners. We may withdraw from a business relationship if we feel that the standards we uphold are not being met by a business partner.

BUSINESS AREAS

Unit

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EBITDA1)

excluding net gain on asset sales

1) Earnings before depreciation and amortisation

INCOME BEFORE TAX

KEY RATIOS

MSEK 2012 2013
Revenues 27 388 30 240
Net gain on sales of vessels 24 25
Net gain on sales of properties 66 51
EBITDA1) 7 060 7 947
Income from operations before sales of non-current assets   3 311 3 811
Income from operations 3 401 3 887
Income before tax 1 777 2 148
Total assets 104 900 108 212
Shareholders’ equity  30 468 35 274
Shareholders’ equity incl. deferred income taxes 34 479 39 214
Net interest-bearing debt3) excl. Stena Property 34 742 35 848
Net interest-bearing debt3) 47 002 48 110
Net debt/capital, %3) 57 55
Capital expenditures 10 529 7 022
Number of employees, average 10 565 11 347
Number of employees, external ship management 5 435 5 600
Number of vessels2) 117 137
1) Income before depreciation and amortisation
2) Including owned and chartered in tonnage
3) Excluding CLO/CDO