NORDEN Annual Report 2022 and Outlook 2023

Today, the Board of Directors approved the annual report for 2022 with selected highlights below: Today, the Board of Directors approved the annual report for 2022 with selected highlights below: Full-year results Returning capital to shareholders Outlook 2023 NORDEN expects profit for the year in the range ofUSD 330 -430 million ( DKK 2.3 -3 billion). Driven primarily by attractive cover and vessel sales gains in Assets & Logistics, combined with expected strong tanker...

COPENHAGEN, Denmark, 10/02/2023 (informazione.news - comunicati stampa - trasporti)

Today, the Board of Directors approved the annual report for 2022 with selected highlights below:

NORDEN expects profit for the year in the range of USD 330 -430 million ( DKK 2.3 -3 billion). Driven primarily by attractive cover and vessel sales gains in Assets & Logistics, combined with expected strong tanker earnings in Freight Services & Trading.

Assets & Logistics - Profit for the year: USD 193 million (2021: USD 5 million )

Freight Services & Trading - Profit for the year: USD 550 million (2021: USD 199 million )

Martin Badsted, CFO, tel.: +45 3067 5894

Thomas France , Investor Communications Partner, tel: +45 3315 0451

The following files are available for download:

View original content:https://www.prnewswire.co.uk/news-releases/norden-annual-report-2022-and-outlook-2023-301743870.html