Brief: Dampskibsselskabet Norden To Distribute $27 Mln To Shareholders Through Dividend, Share Buy-Back Program

Dampskibsselskabet Norden A/S

06/02/2025 07:34

Feb 6 (Reuters) - Dampskibsselskabet Norden A/S
 DNORD.CO :
    * FREIGHT SERVICES & TRADING BUSINESS:  NET LOSS OF %74
MILLION
FOR FULL YEAR 2024
    * WE PROPOSE TO DISTRIBUTE $27 MILLION TO SHAREHOLDERS FOR
Q4
THROUGH DIVIDEND AND NEW SHARE BUY-BACK PROGRAM
    * TOTAL DISTRIBUTION FOR 2024 OF USD 100 MILLION
    * 2025 PROFITABILITY IS EXPECTED TO BE LOWER COMPARED TO
2024
    * FULL-YEAR 2025 GUIDANCE OF NET PROFIT IN RANGE OF USD
20-100
MILLION
    * GUIDANCE FOR 2025 INCLUDES GAINS FROM SALE OF VESSELS FROM
ALREADY SIGNED AND AGREED TRANSACTIONS OF USD 16 MILLION
    * FY  REVENUE USD  4.04 BILLION VERSUS USD 3.69 BILLION YEAR
AGO

Source text:  ID:nWkr9V9T00 
Further company coverage:  DNORD.CO 

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