SFL - SFL GAAP EPS of $0.38 beats by $0.10 revenue of $197.8M beats by $24.2M

• SFL ( NYSE: SFL ): Q4 GAAP EPS of $0.38 beats by $0.10 .
• Revenue of $197.8M (+30.0% Y/Y) beats by $24.2M .
• Received charter hire1 of approximately $208 million in the quarter, incl. $6.9 million of profit share
• • Adjusted EBITDA2 of $127.5 million from consolidated subsidiaries, plus an additional $7.9 million adjusted EBITDA2 from 49.9% owned associated companies
• • Four new vessels delivered during the fourth quarter, all with long term charters to leading bluechip customers
• • Agreed sale of a 2009-built Suezmax crude oil tanker with expected delivery in the first quarter
• Press release
• Shares +3% PM.

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