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Torm ( (TRMD) ) has provided an update.
On November 6, 2025, TORM plc announced its interim results for the third quarter of 2025, highlighting its strongest quarterly performance of the year. Despite a decrease in time charter equivalent earnings and net profit compared to the same period in 2024, the company demonstrated resilience amidst geopolitical volatility and market normalization. TORM’s strategic fleet management included the sale of older vessels and the acquisition of newer ones, positioning the company for future growth with a fleet size of 92 vessels.
The most recent analyst rating on (TRMD) stock is a Sell with a DKK92.00 price target. To see the full list of analyst forecasts on Torm stock, see the TRMD Stock Forecast page.
More about Torm
TORM plc operates in the shipping industry, focusing on the transportation of refined oil products. The company is known for its fleet of tankers, which are used to transport various petroleum products across the globe. TORM’s market focus includes maintaining a strong presence in the global shipping market by optimizing its fleet operations and expanding its vessel portfolio.
Average Trading Volume: 193,504
Current Market Cap: DKK13.38B
See more insights into TRMD stock on TipRanks’ Stock Analysis page.