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EARNINGS PER SHARE AND DIVIDEND PER SHARE (Tables)

12 Months Ended

Dec. 31, 2018

Disclosure Of Earnings Per Share And Dividend Per Share [Abstract]

Schedule of earnings per share

		2018				2017				2016
EARNINGS PER SHARE
Net profit/(loss) for the year (USDm)			-34.8				2.4				-142.5
Million shares
Weighted average number of shares			73.4				62.3				63.1
Weighted average number of treasury shares			-0.3				-0.3				-0.2
Weighted average number of shares outstanding			73.1				62.0				62.9
Dilutive effect of outstanding share options			-				-				-
Weighted average number of shares outstanding incl. dilutive effect of share options			73.1				62.0				62.9
Basic earnings/(loss) per share (USD)			-0.48				0.04				-2.27
Diluted earnings/(loss) per share (USD)			-0.48				0.04				-2.27

Schedule of dividend per share

		2018				2017				2016
DIVIDEND PER SHARE
Dividend for the year (USDm)			-				1.2				25.0
Number of shares, end of period (million)			74.2				62.3				62.3
Dividend per share			-				0.02				0.40

X

- Definition

The disclosure of dividends. Dividends are distributions of profits to holders of equity investments in proportion to their holdings of a particular class of capital.

+ References

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- Definition

The entire disclosure for earnings per share.

+ References

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