OXE Diesel News
- Consolidated Net turnover amounted to SEK 46.3 m (SEK 45.7 m).
- Consolidated Gross Profit amounted to SEK 0.1 m (SEK 9.7 m) with a gross margin of 0% (21%).
- Consolidated EBITDA amounted to SEK -27.8 m (SEK -8.9 m).
- The consolidated result for the quarter amounted to SEK -43.9 m (SEK -20.6 m).
- Consolidated EPS and Diluted EPS amounted to SEK -0.14 (SEK -0.08).
A Trio of 300-hp OXE diesel outboards is driving one red snapper fisherman’s profitability. It’s June on the coast of Louisiana, the temperature never drops below 80 and rises fast with the sun, but it’s not too bad in the shade of the shelter roof on James Bruce’s 41-foot aluminum hull, grouper, and snapper boat. “The roof is blue for a reason,” Bruce says, pointing up. “So, when the heat reflects off this white deck, it doesn’t reflect back down on you.”