Stolt-Nielsen S.A. Board Recommends No Final Dividend for 2008
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SNSAY | Quote | Chart | News | PowerRating -- London, England - February 13, 2009 - Stolt-Nielsen S.A. (OsloBors:
SNI) today announced that the Company's Board of Directors
recommended no final dividend payment for 2008. The action by the
Board reflected the Company's focus on conserving cash, given the
weakness and uncertainty in the global economic outlook.
Contacts:
Jan Chr. Engelhardtsen
U.K. +44 (0) 20 7611 8972
j.engelhardtsen@stolt.com
Jens F. Gruner-Hegge
U.K. +44 (0) 20 7611 8985
j.gruner-hegge@stolt.com
About Stolt-Nielsen S.A.
Stolt-Nielsen S.A. (the "Company") is one of the world's leading
providers of transportation services for bulk liquid chemicals,
edible oils, acids, and other specialty liquids. The Company,
through the parcel tanker, tank container, terminal, rail and barge
services of its wholly owned subsidiaries Stolt Tankers & Terminals
and Stolt Tank Containers, provides integrated transportation
solutions for its customers. Stolt Sea Farm, wholly owned by the
Company, produces and markets high quality turbot, sole, sturgeon and
caviar.
Forward-looking Statements
This press release contains "forward-looking statements" based on
information available to the Company on the date hereof, and the
Company assumes no obligation to update any such forward-looking
statement. These statements may be identified by the use of words
like "anticipate," "believe," "estimate," "expect," "intend," "may,"
"plan," "project," "will," "should," "seek," and similar expressions.
The forward-looking statements reflect the Company's current views
and assumptions and are subject to risks and uncertainties. The
Company does not represent or warrant that the Company's actual
future results, performance or achievements will be as discussed in
the those statements, and assumes no obligation to, and does not
intend to, update any of those forward-looking statements other than
as may be required by applicable law.
This announcement was originally distributed by Hugin. The issuer is
solely responsible for the content of this announcement.
SOURCE: Stolt-Nielsen S.A.
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