NORDEN raises expectations for the full-year result
ANNOUNCEMENT NO. 52 - 23 SEPTEMBER 2020 Due to a very strong performance in the Dry Operator business unit, NORDEN raises its expectations for the full-year 2020 Adjusted Result to USD 70-110 million (approximately DKK 445-700 million), up from USD 40-80 million.“Dry Operator is capitalising on having proactively chartered period vessels in the last quarter combined with efficient regional positioning of these vessels during the third quarter. This has enabled the business unit to enter into contracts with significantly better margins than previously expected”, says Jan Rindbo, CEO,