Q1 2022 Dampskibsselskabet Norden A/S Investor Film by CEO Transcript - Thomson StreetEvents

Q1 2022 Dampskibsselskabet Norden A/S Investor Film by CEO Transcript

Q1 2022 Dampskibsselskabet Norden A/S Investor Film by CEO Transcript - Thomson StreetEvents
Q1 2022 Dampskibsselskabet Norden A/S Investor Film by CEO Transcript
Published May 05, 2022
3 pages (1128 words) — Published May 05, 2022
Price US$ 54.00  |  Buy this Report Now

About This Report

  
Abstract:

Edited Transcript of DNORD.CO earnings conference call or presentation 5-May-22 10:59am GMT

  
Brief Excerpt:

...Welcome to the presentation of NORDEN's Q1 results. NORDEN started the year with a remarkable result of $117 million based on very strong performances in both business units. Besides the strong first quarter result, we have also increased our expected profit for the year in the range of $270 million to $350 million based on significantly improved tanker markets and good regional positioning. Assets and logistics delivered a profit of $41 million. The business unit has continued to profit on the strong dry cargo market by realizing sales gains of $28 million. This active trading approach is a core part of how assets and logistics generates value. In addition to vessel sales, the business unit has (inaudible) into profitable timeshare out contracts on dry cargo vessels. Despite vessel sales, the market value of both owned and leased vessels remained close to $1.3 billion. In addition, the market value of owned vessels exceeded the book value by over $100 million. Assets and logistics also...

  
Report Type:

Transcript

Source:
Company:
Ticker
DNORD.CO
Time
10:59am GMT
Format:
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Dampskibsselskabet Norden A/S Q3 2023 Earnings Call Transcript – 2023-11-02 – US$ 54.00 – Edited Transcript of DNORD.CO earnings conference call or presentation 2-Nov-23 2:00pm GMT

Half Year 2023 Dampskibsselskabet Norden A/S Pre-Recorded Earnings Presentation Transcript – 2023-08-10 – US$ 54.00 – Edited Transcript of DNORD.CO earnings conference call or presentation 10-Aug-23 10:59am GMT

Dampskibsselskabet Norden A/S Q1 2023 Earnings Presentation Transcript – 2023-05-03 – US$ 54.00 – Edited Transcript of DNORD.CO earnings conference call or presentation 3-May-23 10:59am GMT

Full Year 2022 Dampskibsselskabet Norden A/S CFO Earnings Presentation Transcript – 2023-02-10 – US$ 54.00 – Edited Transcript of DNORD.CO earnings conference call or presentation 10-Feb-23 10:59am GMT

Q2 2022 Dampskibsselskabet Norden A/S Investor Film by CEO Transcript – 2022-08-18 – US$ 54.00 – Edited Transcript of DNORD.CO earnings conference call or presentation 18-Aug-22 10:59am GMT

Dampskibsselskabet Norden A/S Q4 2021 Earnings Call Transcript – 2022-03-03 – US$ 54.00 – Edited Transcript of DNORD.CO earnings conference call or presentation 3-Mar-22 9:30am GMT

Dampskibsselskabet Norden A/S Q3 2021 Earnings Call Transcript – 2021-11-04 – US$ 54.00 – Edited Transcript of DNORD.CO earnings conference call or presentation 4-Nov-21 9:30am GMT

Dampskibsselskabet Norden A/S Q2 2021 Earnings Call Transcript – 2021-08-18 – US$ 54.00 – Edited Transcript of DNORD.CO earnings conference call or presentation 18-Aug-21 8:30am GMT

Dampskibsselskabet Norden A/S Q1 2021 Earnings Call Transcript – 2021-05-06 – US$ 54.00 – Edited Transcript of DNORD.CO earnings conference call or presentation 6-May-21 8:30am GMT

Dampskibsselskabet Norden A/S Q4 2020 Earnings Call Transcript – 2021-03-04 – US$ 54.00 – Edited Transcript of DNORD.CO earnings conference call or presentation 4-Mar-21 9:30am GMT

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MLA:
Thomson StreetEvents. "Q1 2022 Dampskibsselskabet Norden A/S Investor Film by CEO Transcript" May 05, 2022. Alacra Store. May 03, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q1-2022-Dampskibsselskabet-Norden-A-S-Investor-Film-by-CEO-T15205182>
  
APA:
Thomson StreetEvents. (2022). Q1 2022 Dampskibsselskabet Norden A/S Investor Film by CEO Transcript May 05, 2022. New York, NY: Alacra Store. Retrieved May 03, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q1-2022-Dampskibsselskabet-Norden-A-S-Investor-Film-by-CEO-T15205182>
  
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