Norden
Highly Engaged Employees
Marine Shipping & Transportation · Denmark · 201-500 Employees
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Overview
Headquarters
Strandvejen 52, Hellerup, Capital Region...Phone Number
+45 33150451Website
www.norden.comRevenue
$576.9 MillionIndustry
About Norden
Norden Org Chart
Senior Manager, Operations
Senior Manager, Operations
Senior Manager, Operations
Senior Manager, Logistics
Senior Manager, Operations
Senior Manager, Operations
Senior Bunkers Manager
Senior Manager, Operations
Senior Manager, Operations
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Norden News & Media
NORDEN reports net profit of USD 25 million in Q3 2024 and continues to return cash to shareholders
ANNOUNCEMENT NO. 234 – 31 OCTOBER 2024 NORDEN generated a net profit of USD 25 million in the third quarter of 2024, impacted by weaker than expected markets in both dry cargo and tankers. NORDEN’s net profit for the first nine months of 2024 was USD 133 million. Margins in Freight Services & Trading continued to be negative, driven by weaker tanker rates, whilst earnings from the dry cargo activities are improving. As expected,NORDEN reports net profit of USD 46 million in Q2 2024 and continue to return cash to shareholders
ANNOUNCEMENT NO. 170 – 8 AUGUST 2024 For Q2 2024, NORDEN reports a profit of USD 46 million (approx. DKK 320 million) and USD 108 million (approx. DKK 755 million) for the first half-year of 2024. Return on invested capital (ROIC) was 21% by end of Q2 based on the last twelve months. NORDEN narrows its full-year guidance of a net profit in the range of USD 160 to 240 million (approx. DKK 1,120–1,675NORDEN reports net profit of USD 62 million in Q1 2024 and continue to return cash to shareholders
ANNOUNCEMENT NO. 95 – 25 APRIL 2024 For Q1 2024, NORDEN reports a profit of USD 62 million (approx. DKK 435 million). Free cash flow in the first quarter amounted to USD -50 million (approx. DKK -350 million). Return on invested capital (ROIC) was 26% by end of Q1 based on the last twelve months. NORDEN reiterates its full-year guidance of a net profit in the range of USD 150 to 250 million, includingElection of employees representatives for the board of directors of Dampskibsselskabet NORDEN A/S
ANNOUNCEMENT NO. 54 – 6 MARCH 2024 The employees of Dampskibsselskabet NORDEN A/S have elected the following employee representatives and alternates for the Company’s Board of Directors for a term of 4 years: Employee representatives: Sofie Schønherr, Lead Market Risk Analyst (newly elected) Ruhi Hermansen, Head of Operations (newly elected) Henrik Røjel, Head of Decarbonisation & Climate Solutions (re-election) Alternates: Anders Birk, Pool Management Theis Bach Christensen, Head of dry Operati
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Frequently Asked Questions Regarding Norden
Founded in 1871, Norden is a Danish shipping company operating in the dry cargo and tanker segment worldwide. Norden is located in Denmark.... Read More