Brief: Norden Raises FY Net Income Outlook to $730-780 Million

Dampskibsselskabet Norden A/S

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