News & Videos - D/S NORDEN A/S [CBOE]

NORDEN reports annual result of USD 400 million for 2023 and continues to return cash to shareholders PR Newswire COPENHAGEN, Denmark, Feb. 8, 2024 ANNOUNCEMENT NO. 29 - 8 FEBRUARY 2024 COPENHAGEN, Denmark , Feb. 8, 2024 /PRNewswire/ -- NORDEN reports an annual result of USD 400 million (approx. DKK 2,760 million ). For the fourth quarter of 2023 net profit amounted to USD 43 million (approx. DKK 297 million ). Freight Services & Trading posted a net profit of USD 133 million (approx. DKK 918...

NORDEN reports annual result of USD 400 million for 2023 and continues to return cash to shareholders PR Newswire COPENHAGEN, Denmark, Feb. 8, 2024 ANNOUNCEMENT NO. 29 - 8 FEBRUARY 2024 COPENHAGEN, Denmark , Feb. 8, 2024 /PRNewswire/ -- NORDEN reports an annual result of USD 400 million (approx. DKK 2,760 million ). For the fourth quarter of 2023 net profit amounted to USD 43 million (approx. DKK 297 million ). Freight Services & Trading posted a net profit of USD 133 million (approx. DKK 918...

NORDEN reports net profit of USD 99 million in Q3 2023 and continues to return cash to shareholders PR Newswire COPENHAGEN, Denmark, Nov. 2, 2023 COPENHAGEN, Denmark , Nov. 2, 2023 /PRNewswire/ -- ANNOUNCEMENT NO. 185 - 2 NOVEMBER 2023 For Q3 2023, NORDEN reports a profit of USD 99 million (approx. DKK 700 million ). For the first nine-months of 2023 net profit amounted to USD 357 million (approx. DKK 2.5 billion ). Free cash flow before acquisitions and financial assets in Q3 amounted to USD...

NORDEN reports net profit of USD 99 million in Q3 2023 and continues to return cash to shareholders PR Newswire COPENHAGEN, Denmark, Nov. 2, 2023 COPENHAGEN, Denmark , Nov. 2, 2023 /PRNewswire/ -- ANNOUNCEMENT NO. 185 - 2 NOVEMBER 2023 For Q3 2023, NORDEN reports a profit of USD 99 million (approx. DKK 700 million ). For the first nine-months of 2023 net profit amounted to USD 357 million (approx. DKK 2.5 billion ). Free cash flow before acquisitions and financial assets in Q3 amounted to USD...

NORDEN reports net profit of USD 108 million in Q2 2023 and continues to return cash to shareholders PR Newswire COPENHAGEN, Denmark, Aug. 10, 2023 COPENHAGEN, Denmark , Aug. 10, 2023 /PRNewswire/ -- For Q2 2023, NORDEN reports a profit of USD 108 million (approx. DKK 740 million ). For the first half of 2023 net profit amounted to USD 258 million (approx. DKK 1.8 billion ). Cash flow from operating activities in Q2 amounted to USD 201 million (approx. DKK 1.4 billion ). For the first half of...

NORDEN reports net profit of USD 108 million in Q2 2023 and continues to return cash to shareholders PR Newswire COPENHAGEN, Denmark, Aug. 10, 2023 COPENHAGEN, Denmark , Aug. 10, 2023 /PRNewswire/ -- For Q2 2023, NORDEN reports a profit of USD 108 million (approx. DKK 740 million ). For the first half of 2023 net profit amounted to USD 258 million (approx. DKK 1.8 billion ). Cash flow from operating activities in Q2 amounted to USD 201 million (approx. DKK 1.4 billion ). For the first half of...

NORDEN Annual Report 2022 and Outlook 2023 PR Newswire COPENHAGEN, Denmark, Feb. 10, 2023 COPENHAGEN, Denmark , Feb. 10, 2023 /PRNewswire/ -- NORDEN's annual report 2022 is attached as a zip file, in accordance with ESEF regulation. In addition, a PDF version of the annual report as well as a summary of the Q4 2022 results are attached. Annual Report 2022 and Outlook 2023 Today, the Board of Directors approved the annual report for 2022 with selected highlights below: Full-year results Profit...

NORDEN Annual Report 2022 and Outlook 2023 PR Newswire COPENHAGEN, Denmark, Feb. 10, 2023 COPENHAGEN, Denmark , Feb. 10, 2023 /PRNewswire/ -- NORDEN's annual report 2022 is attached as a zip file, in accordance with ESEF regulation. In addition, a PDF version of the annual report as well as a summary of the Q4 2022 results are attached. Annual Report 2022 and Outlook 2023 Today, the Board of Directors approved the annual report for 2022 with selected highlights below: Full-year results Profit...

ANNOUNCEMENT NO. 116 - 20 JUNE 2022 NORDEN continues to leverage high and volatile tanker market rates and combined with recent dry cargo vessel sales, the Company raises its expectations for the full-year result. The Company now expects profit for 2022 in the range of USD 420-500 million (approximately DKK 3,000-3,500 million), up from USD 340-420 million. The expected improvement is concentrated in Q2 and Q3, and reflects improved performances across both business units, with the majority...

ANNOUNCEMENT NO. 115 - 20 MAY 2022 Under Article 19 of the Market Abuse Regulation Dampskibsselskabet NORDEN A/S is required to report transactions in Dampskibsselskabet NORDEN A/S’ shares by persons discharging managerial responsibilities and their close relatives. Name: Martin Badsted Reason: Reporting duty, CFO Issuer: Dampskibsselskabet NORDEN A/S ISIN code: DK0010269844 Instrument: Shares Transaction: Sale Trading date: 18 May 2022 Market: Nasdaq Copenhagen Number: 16,307 Market value in...

ANNOUNCEMENT NO. 114 - 18 MAY 2022 Based on good execution in a continued strong trading environment with high and volatile market rates, NORDEN raises its expectations for the full-year profit for 2022 to USD 340-420 million (approximately DKK 2,400-3,000 million), up from USD 270-350 million. The expected improvement is concentrated in Q2 and Q3, and mainly relates to stronger performance in the Freight Services & Trading business unit. “We are generating very strong earnings for Q2,...

ANNOUNCEMENT NO. 113 - 9 MAY 2022 Under Article 19 of the Market Abuse Regulation Dampskibsselskabet NORDEN A/S is required to report transactions in Dampskibsselskabet NORDEN A/S’ shares by persons discharging managerial responsibilities and their close relatives. Name: Jan Rindbo Reason: Reporting duty, CEO Issuer: Dampskibsselskabet NORDEN A/S ISIN code: DK0010269844 Instrument: Shares Transaction: Exercise of share options Trading date: 5 May 2022 Market: Nasdaq Copenhagen Number: 50,000...

ANNOUNCEMENT NO. 112 - 5 MAY 2022 At the annual general meeting on 24 March 2022 and the extraordinary general meeting on 6 April 2022 convened in Dampskibsselskabet NORDEN A/S, a proposal was adopted to reduce the Company’s share capital by nominally DKK 2,200,000 from 39,200.000 to DKK 37,000.000 by cancellation of treasury shares. The deadline for creditors to file their claims against the Company has now expired, without any claims being filed. The Board of Directors has therefore decided...

ANNOUNCEMENT NO. 111 - 5 MAY 2022 For the first quarter of 2022, NORDEN reports a profit of USD 117 million (Q1 2021: USD -15 million). NORDEN CEO, Jan Rindbo, comments: “ Great Q1 result based on strong performances in both business units as we continue to capture value in the dry cargo market through vessel sales, profitable cover and by utilising regional market volatility. By shifting our market exposure from dry cargo to tankers, combined with excellent vessel positioning towards a...

ANNOUNCEMENT NO. 110 - 2 MAY 2022 In connection with the announced share buy-back program in Dampskibsselskabet NORDEN A/S, A/S Motortramp participates by selling shares pro rata in order to maintain the current ownership of just under 32% of the shares in Dampskibsselskabet NORDEN A/S. The market will be informed accordingly – see the attached file and announcement no. 56/2022. Kind regards, Dampskibsselskabet NORDEN A/S Martin Badsted CFO For further information: Thomas France, Investor...

ANNOUNCEMENT NO. 109 - 2 MAY 2022 On 3 March 2022, NORDEN initiated a share buy-back programme in accordance with Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (MAR) and Commission Delegated Regulation (EU) 2016/1052, (Safe Harbour regulation). The share buy-back programme runs from 3 March 2022 up to and including no later than end April 2022. For details, please see announcement no. 56 of 3 March 2022. Under the share buy-back programme, NORDEN will purchase...

ANNOUNCEMENT NO. 108 - 29 APRIL 2022 Benedicte Hedengran Wegener has chosen to resign from NORDEN end April 2022. Therefore, NORDEN welcomes her alternate, Stine Maria Gøttrup, Senior Chartering Manager, to the board at 1 May 2022 (see announcement no. 55/2021) Kind regards, Dampskibsselskabet NORDEN A/S Martin Badsted CFO For further information: Thomas France, Investor Communications Partner, tel.: 3315 0451 Attachment No. 108 New employee board representative...

ANNOUNCEMENT NO. 107 - 29 APRIL 2022 In connection with the announced share buy-back program in Dampskibsselskabet NORDEN A/S, A/S Motortramp participates by selling shares pro rata in order to maintain the current ownership of just under 32% of the shares in Dampskibsselskabet NORDEN A/S. The market will be informed accordingly – see the attached file and announcement no. 56/2022. Kind regards, Dampskibsselskabet NORDEN A/S Martin Badsted CFO For further information: Thomas France, Investor...

ANNOUNCEMENT NO. 106 - 28 APRIL 2022 In connection with the announced share buy-back program in Dampskibsselskabet NORDEN A/S, A/S Motortramp participates by selling shares pro rata in order to maintain the current ownership of just under 32% of the shares in Dampskibsselskabet NORDEN A/S. The market will be informed accordingly – see the attached file and announcement no. 56/2022. Kind regards, Dampskibsselskabet NORDEN A/S Martin Badsted CFO For further information: Thomas France, Investor...

ANNOUNCEMENT NO. 105 - 27 APRIL 2022 Following significant increases in product tanker market rates over recent weeks combined with strong regional positioning in the Freight Services & Trading business unit, NORDEN raises its expectations for the full-year profit for 2022 to USD 270-350 million (approximately DKK 1,900-2,500 million), up from USD 210-280 million. “During the second half of 2021 and Q1 2022, NORDEN added additional tanker vessel capacity in anticipation of improved market...