Brief: Norden Raises Expectations For 2022 Profit

Dampskibsselskabet Norden A/S

23/12/2022 07:32

Dec 23 (Reuters) - Dampskibsselskabet Norden A/S
 DNORD.CO :
    * NORDEN RAISES EXPECTATIONS FOR THE FULL-YEAR RESULT 2022
    * EXPECTS PROFIT FOR 2022 IN RANGE OF USD 730-780 MILLION
(APPROXIMATELY DKK 5.1-5.5 BILLION), UP FROM USD 650-730 MILLION
    * INCREASE MAINLY REFLECTS STRONGER THAN EXPECTED
OPERATIONAL
PERFORMANCE IN 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

Source text for Eikon:  ID:nWkr8q08ZT 
Further company coverage:  DNORD.CO 
 (Gdansk Newsroom)
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