Euronav NV recommended a full year gross dividend of $0.77 per share has been recommended by management and proposed by the Board of Directors for approval at the AGM on 11 May 2017. This is in line with the company policy of distributing 80% of net income (excluding exceptional items such as capital gains) as dividend over the course of a full financial year. Taking into account the interim dividend paid as of 30 September 2016, and subject to shareholders' approval, a final dividend of $0.22 per share will be paid after the Annual General Meeting of Shareholders.

The company announced audited consolidated earnings results for the fourth quarter and year ended December 31, 2016. For the quarter, the company reported revenue of $146,280,000 compared to $225,644,000 a year ago. Profit before taxation was $49,812,000 compared to $109,461,000 a year ago. Profit attributable to owners of the company was $50,287,000 compared to $104,859,000 a year ago. EBITDA was $125,078,000 compared to $174,156,000 a year ago. Proportionate EBITDA was $130,474,000 compared to $182,366,000 a year ago. Proportionate EBITDA per share was $0.82 compared to $1.15 a year ago. Profit after taxation per share was $0.66 compared to loss of $0.03 a year ago. Profit after taxation was $50,287,000 against $104,859,000 a year ago.

For the year, the company reported revenue of $684,265,000 compared to $846,507,000 a year ago. Profit before taxation was $203,875,000 compared to $355,934,000 a year ago. Profit attributable to owners of the company was $204,049,000 compared to $350,301,000 a year ago. EBITDA was $476,478,000 compared to $613,770,000 a year ago. Proportionate EBITDA per share was $3.18 compared to $4.16 a year ago. Profit after taxation was $204,049,000 against $350,301,000 a year ago.