NORDEN reports net profit of USD 33 million (DKK 234 million) in Q1 2025

NORDEN CEO, Jan Rindbo, comments:
“NORDEN generated a profit of USD 33 million in the first quarter of 2025 due to good coverage in significantly weaker markets. To capitalise on the continued high asset values, we have during the quarter sold nine vessels, of which three were from declared purchase options. As a result of the significant sales gains, we upgraded our full-year net profit guidance on April 25 to USD 50-130 million.”