NORDEN Raises Expectations for the Full-Year Result 2022
ANNOUNCEMENT NO. 274 - 23 DECEMBER 2022 NORDEN raises its expectations for the full-year result, and now expects profit for 2022 in the range of USD 730-780 million (approximately DKK 5.1-5.5 billion), up from USD 650-730 million. The increase mainly reflects stronger than expected operational performance in the Freight Services & Trading business unit on both dry cargo and tanker vessels. Expectations have also increased in Assets & Logistics, where NORDEN has realised additional sublease and sales gains from its portfolio of owned and leased vessels. ”NORDEN continues to