Brief: Norden Raises Expectations For Full-Year Result 2022

Dampskibsselskabet Norden A/S

06/10/2022 13:11

Oct 6 (Reuters) - Dampskibsselskabet Norden A/S
 DNORD.CO :
    * RAISES EXPECTATIONS FOR THE FULL-YEAR RESULT 2022
    * INCREASE REFLECTS STRONG PERFORMANCE IN BOTH ASSETS &
LOGISTICS
AND FREIGHT SERVICES & TRADING BUSINESS UNITS
    * RAISES ITS EXPECTATIONS FOR FULL-YEAR RESULT, AND NOW
EXPECTS
PROFIT FOR 2022 IN RANGE OF USD 650-730 MILLION (APPROXIMATELY
DKK 4,600-5,200 MILLION), UP FROM USD 560-640 MILLION
    * EXCEPTIONALLY STRONG PRODUCT TANKER SPOT RATES ARE
EXPECTED TO
REMAIN AT VERY HIGH LEVELS FOR REMAINDER OF 2022 LEADING INTO
2023

Source text for Eikon:  ID:nWkr4Jb2s5 
Further company coverage:  DNORD.CO 
 (Gdansk Newsroom)
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