234.60
+0.95%
Close of 9 Nov 2026, in DKK
Search any instrument
Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
About Torm
Its shares trade on Nasdaq Copenhagen under the ticker TRMD A.CO. It has been listed since 19 April 2016. In the fiscal year to 31 December 2025, it reported revenue of $1.39bn and net income of $296.0m. At that date it held total assets of $3.36bn and shareholders' equity of $2.20bn.
TORM Plc engages in the ownership and operation of product tankers. The Company’s activities are primarily the transportation of clean petroleum products, such as gasoline, jet fuel, kerosene, naphtha and gas oil, and occasionally dirty petroleum products, such as fuel oil. The firm has an in-house operating and management platform, which performs commercial, administrative and technical management for its vessels. Through this integrated platform, it handles the commercial management of all its vessels and the technical management of all its owned vessels, other than three vessels managed by an unaffiliated third party. The firm operates through its product tanker segment. With vessels varying in size from 35,000-114,000 dwt., the Company operates a fleet of product tankers. The Company’s vessels include TORM Gudrun, TORM Tevere, TORM Camilla, TORM Mary, TORM Caroline, TORM Thyra, TORM Gerd, TORM Hardrada, TORM Freya, TORM Gertrud, TORM Vita, TORM Helvig, TORM Ragnhild and TORM Carina.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Energy
- Industry
- Oil, Gas & Consumable Fuels
- Listed since
- 19 Apr 2016
- Employees
- 457
- Website
- torm.com ↗
Leadership
Pay as last reported
- Mr. Christopher BoehringerNon-Executive Chairman of the Board$212,000
- Mr. Jacob MeldgaardChief Executive Officer, Executive Director, since 2015$2.5m
- Mr. David WeinsteinNon-Executive Senior Independent Deputy Chairman of the Board$216,000
- Mr. Kim BalleChief Financial Officer
- Mr. Lars ChristensenSenior Vice President, Head of Projects
- Mr. Jesper JensenSenior Vice President, Head of Technical Division
- Ms. Annette JustadNon-Executive Independent Director$162,000
- Mr. Par TrappNon-Executive Independent Director$162,000
- Mr. Mikael Bo LarsenHead - Investor Relations, since 2023
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 69
- Environment
- 59
- Social
- 94
- Governance
- 54
- Direct emissions (scope 1)
- 1,558,254 t
- Energy emissions (scope 2)
- 506 t
- Value chain emissions (scope 3)
- 923,784 t
- Women in the workforce
- 31%
- Carbon reduction policy
- Yes
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Torm PLC possesses several strengths that contribute to its competitive advantage. Firstly, the company has a strong global presence in the shipping industry, with a wide network of vessels and operations in key international markets. This allows Torm to easily reach a large customer base and expand its business opportunities. Secondly, the company has a strong financial position, enabling it to invest in new technology, fleet expansion, and strategic acquisitions. This financial stability provides Torm with a solid foundation for growth and innovation. Lastly, Torm's commitment to sustainability and environmental responsibility differentiates it from competitors, as the company prioritizes reducing carbon emissions and implementing eco-friendly practices.
Weaknesses
- Despite its successes, Torm PLC also faces some weaknesses within its operations. One primary weakness is its dependence on global economic conditions and fluctuations in shipping demand. This can impact Torm's revenues and profitability, as downturns in international trade may result in reduced shipping activity. Another weakness is its exposure to geopolitical risks and regulatory changes, as the shipping industry is subject to complex international regulations and political uncertainties. Torm must continuously adapt to such changes, which can pose challenges and increase operational costs.
Opportunities
- Torm PLC has various opportunities to capitalize on and enhance its market position. The growth potential of emerging economies presents an opportunity for increased global trade and higher demand for shipping services. Torm can strategically target these markets and expand its customer base. Additionally, advancements in technology offer opportunities for operational efficiencies and cost savings. Torm can invest in digitalization, automation, and data analytics to improve its vessel performance and optimize its supply chain. Moreover, potential mergers and acquisitions in the shipping industry can enable Torm to strengthen its market presence and gain new capabilities.
Threats
- Torm PLC also faces threats that may impact its business operations and profitability. Intense competition within the shipping industry poses a threat, as numerous players offer similar services and compete for market share. This can lead to price pressures and margin erosion for Torm. Moreover, geopolitical tensions and trade disputes can disrupt global supply chains and impact shipping volumes. Changes in environmental regulations and increasing focus on reducing carbon emissions can also impose regulatory compliance costs and potentially impact Torm's operations. Additionally, fluctuations in fuel prices can significantly influence operating expenses and financial performance.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.