NORDEN RAISES EXPECTATIONS FOR THE FULL-YEAR RESULT
ANNOUNCEMENT NO. 59 - 23 MARCH 2021 Due to a very strong performance in the Dry Operator business unit following significant market improvements, NORDEN raises its expectations for the full-year 2021 Adjusted Result to USD 50-100 million, up from USD 20-60 million. The broader guidance interval reflects that the expectations are based on unrealised future earnings in a market where volatility is higher than normal.“Based on a very strong execution and active positioning, Dry Operator expects to capitalise on the significant improvements in the dry cargo market and deliver better than