Danish shipping company D/S Norden raises its guidance for full-year 2026. The company now forecasts net profit of USD 180-230 million, compared with USD 140-190 million previously. This is stated in a press release.
The expected result from contracted business for the full year remains unchanged at USD 79 million.
The higher guidance is justified by the company continuing to deliver strong operating results in both dry bulk and tanker shipping.
– As we are seeing strong development across our entire business, we are pleased to be able to raise our earnings forecast for the year. This updated forecast is based not only on higher freight rates, particularly in the tanker segment, but also on disciplined execution, which we expect to have a positive impact on the bottom line, especially towards the end of the year, comments CEO Jan Rindbo.
The company will release its third-quarter interim report as planned on October 29.
