TORM plc(TRMD) - 2024 Q1 - Quarterly Report

Exhibit 99.1 Highlights “Our strong performance extended into the first quarter of 2024, supported by favorable market conditions and the timely delivery of vessels acquired in 2023,” says Jacob Meldgaard, adding: “Sustained geopolitical tensions continue to contribute to TORM's strong results.” R esults D uring the quarter the number of outstanding shares excluding treasury shares Business Highlights In the first quarter of 2024, TORM grew time charter equivalent earnings (TCE) to have been increased to 92 ...