Scorpio Tankers reported strong financial results for Q3 2025, generating $87.7 million in adjusted EBITDA and $72.7 million in adjusted net income, driven by a favorable product tanker market.

• Adjusted income reflects robust market dynamics with strengthening freight rates and increased ton-miles due to evolving trade patterns.
• Daily breakeven costs reduced to $12,500, with expectations to lower it further to around $11,000 following debt repayments.
• Announced a 5% increase in quarterly dividend, emphasizing a commitment to sustainable shareholder returns.
• Strong demand for refined products coupled with a backdrop of declining refining capacity supports optimistic near-term outlook for the tanker market.
• Continued reductions in available tanker fleet due to sanctions and aging vessels enhance the competitive environment for Scorpio Tankers.