Brief: Norden Raises FY Net Income Outlook to $730-780 Million
23/12/2022 07:11
Dec 23 (Reuters) - Norden Outlook FY net income USD 730-780 million, up from USD 650-730 million previously. * The increase mainly reflects stronger than expected operational performance in the 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, the company said