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Q3 2016 presentation

EBITDA for the third quarter was USD 76.9 million, a decline of USD 7.7 million (9%) (USD 84.6 million). The reduction in EBITDA for the third quarter compared with the previous quarter was mainly a result of no further loss of hire insurance for Cidade de São Mateus which ended in May. Operating profit for the quarter amounted to USD 19.2 million, a decrease of USD 5.7 million (23%) (USD 24.9 million).