Cookies Sitemap Disclaimer Glossary Print Home News Profile Dry Cargo Tanker Investor CSR Career Contact Investor Financial News Announcements Share Transactions Financial News (DK) Key Figures Share Information Expectations for 2017 Reports & Presentations Corporate Governance Calendar Press Centre Subscribe to Newsletter Shareholder Portal IR Contact Home / Investor / Financial News / Announcements / Interim report - second quarter and first half-year of 2017 and video: NORDEN Update 17 Aug 2017 Some highlights: Second quarter of 2017 Results Adjusted result for Q2 2017: USD -3 million (Q2 2016: USD -4 million) ▪ Dry Cargo: USD -7 million (USD -11 million) ▪ Tankers: USD 3 million (USD 7 million) Group EBIT Q2 2017: USD -3 million (USD -34 million) Expectations for 2017 Expectations for the adjusted results for the year are narrowed within the guidance previously announced to USD -20 to 20 million. Previous expectations CEO Jan Rindbo in comment: ”In Dry Cargo, the gradual recovery in both market conditions and our earnings continues, although still at loss-making levels. Strategically we are building a strong platform for increased value generation in Dry Cargo through the split into 2 distinct dry cargo business units: Operator and Owner. In Tankers, NORDEN made the best of a very challenging market generating a profit and increasing the capacity at attractive cost levels. Combined with continued annual operational cost savings and highly skilled employees, NORDEN is thereby well-positioned towards improving markets in both dry cargo and tankers in the future.” PDF Announcement No 7 Report Video Audiocast First quarter of 2017 All documents Watch video here Dial in details and link ©2011 Dampskibsselskabet NORDEN A/S | 52, Strandvejen | DK-2900 Hellerup Denmark | Telephone +45 33 15 04 51 | CVR 677 589 19 Produced by Adapt A/S OK Cookies NORDEN uses cookies for statistics. By continuing to use this site you consent to our use of cookies. Read more >>

Cookies Sitemap Disclaimer Glossary Print Home News Profile Dry Cargo Tanker Investor CSR Career Contact Tanker Activities Vessel Types Safety & Quality at Sea Fleet List Newbuildings Short cuts NORDEN in brief Visual Presentations Share Price Monitor Open positions at our offices Newsletter Hellerup (Copenhagen) Contact Details Norient Product Pool NORDEN's product tankers are commercially managed by: Financial News 17 Aug 2017 Interim report - second quarter and first half-year of 2017 and video: NORDEN Update 03 May 2017 Interim report - first quarter of 2017 and video: NORDEN Update All news NORDEN NEWS Film: Latest results Fast facts: Tanker Active vessels total: 46 LR1: 2 MR: 30 Handysize: 14 On order: 8 Vessels in Norient Product Pool More share information ©2011 Dampskibsselskabet NORDEN A/S | 52, Strandvejen | DK-2900 Hellerup Denmark | Telephone +45 33 15 04 51 | CVR 677 589 19 Produced by Adapt A/S OK Cookies NORDEN uses cookies for statistics. By continuing to use this site you consent to our use of cookies. Read more >>