CMB.TECH NV reported a strong second-quarter performance and signalled confidence in near-term demand for seaborne iron ore, according to a company update published by reports on 27 August 2026.
The Belgium-based group's unaudited financial results for the quarter ended 30 June 2026 showed a profit for the period of USD 364.4 million and an EBITDA of USD 552.8 million, the report stated.
EBITDA exceeded net profit by USD 188.4 million in the quarter, underlining the scale of operating earnings before depreciation, amortisation and other adjustments relative to reported profit.
CMB.TECH also reported a contract backlog of USD 3.26 billion that the company described as stable in the period covered by the results, the publication noted.
The company's published update carried a clear tone of expectation about the market for seaborne iron ore, with the reporting indicating management sees continued strength in that trade.
Taken together, the unaudited results and the statement on iron-ore market prospects form the core of the company's message to investors and market observers in the most recent quarterly filing.
Financial highlights in brief
CMB.TECH disclosed the headline figures for the three months to 30 June 2026: a profit for the period of USD 364.4 million and EBITDA of USD 552.8 million. These numbers were described in the reports item of 27 August 2026.
The firm characterisation of the backlog as stable at USD 3.26 billion was included among the financial highlights published with the results.
Market outlook and messaging
The company conveyed an expectation that seaborne iron ore trade will remain robust over the near term, according to the same report. The update therefore paired near-term confidence on demand with the financial snapshot for the quarter.
No audited accounts or further operational detail beyond the headline figures and backlog value were included in the factual notes reviewed for this item.
The results were presented as unaudited and cover the quarter to 30 June 2026; the publication date of the report is 27 August 2026, as recorded in the supplied notes.