Dampskibsselskabet Norden A/S Pre-Recorded Q2 2020 Earnings Presentation Transcript - Thomson StreetEvents

Dampskibsselskabet Norden A/S Pre-Recorded Q2 2020 Earnings Presentation Transcript

Dampskibsselskabet Norden A/S Pre-Recorded Q2 2020 Earnings Presentation Transcript - Thomson StreetEvents
Dampskibsselskabet Norden A/S Pre-Recorded Q2 2020 Earnings Presentation Transcript
Published Aug 19, 2020
3 pages (1132 words) — Published Aug 19, 2020
Price US$ 54.00  |  Buy this Report Now

About This Report

  
Abstract:

Edited Transcript of DNORD.CO earnings conference call or presentation 19-Aug-20 7:00am GMT

  
Brief Excerpt:

...With the transition into a data-driven and trading focused company continuing. NORDEN delivers an adjusted result of $29 million for the second quarter of 2020. This means we realized a first half result of $58 million. NORDEN thereby delivers the strongest second quarter result since 2015 in a continued challenging environment. And furthermore, NORDEN raises guidance for the full year results. Looking at business units, Asset Management delivered an adjusted result of $11 million for the quarter. Asset Management has profited significantly from shifting exposure from Dry Cargo to Tankers during the past 2 years, in line with our strategy of asset trading and Asset Management of our cyclical market exposure. With Dry Cargo asset values declining further in the second quarter, we now believe that prices have declined sufficiently to present a good trading opportunity to buy and hence, increase our dry cargo exposure again. NORDEN has therefore, acted swiftly to acquire 7 Ultramax vessels,...

  
Report Type:

Transcript

Source:
Thomson StreetEvents
Company:
Dampskibsselskabet Norden A/S
Ticker
DNORD.CO
Time
7:00am GMT
Format:
PDF Adobe Acrobat
Buy Now

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

Dampskibsselskabet Norden A/S Pre-Recorded Q4 2020 Earnings Presentation Transcript – 2021-03-04 – US$ 54.00 – Edited Transcript of DNORD.CO earnings conference call or presentation 4-Mar-21 8:00am GMT

Dampskibsselskabet Norden A/S Q3 2020 Earnings Call Transcript – 2020-11-04 – US$ 54.00 – Edited Transcript of DNORD.CO earnings conference call or presentation 4-Nov-20 9:30am GMT

Dampskibsselskabet Norden A/S Pre-Recorded Q3 2020 Earnings Presentation Transcript – 2020-11-04 – US$ 54.00 – Edited Transcript of DNORD.CO earnings conference call or presentation 4-Nov-20 10:59am GMT

Dampskibsselskabet Norden A/S Q2 2020 Earnings Call Transcript – 2020-08-19 – US$ 54.00 – Edited Transcript of DNORD.CO earnings conference call or presentation 19-Aug-20 8:30am GMT

Dampskibsselskabet Norden A/S Q1 2020 Earnings Call Transcript – 2020-05-05 – US$ 54.00 – Edited Transcript of DNORD.CO earnings conference call or presentation 5-May-20 1:30pm GMT

Dampskibsselskabet Norden A/S Pre-Recorded Q1 2020 Earnings Presentation Transcript – 2020-05-05 – US$ 54.00 – Edited Transcript of DNORD.CO earnings conference call or presentation 5-May-20 7:00am GMT

Dampskibsselskabet Norden A/S Q4 2019 Earnings Call Transcript – 2020-03-04 – US$ 54.00 – Edited Transcript of DNORD.CO earnings conference call or presentation 4-Mar-20 2:30pm GMT

Dampskibsselskabet Norden A/S Pre-Recorded Q4 2019 Earnings Presentation Transcript – 2020-03-04 – US$ 54.00 – Edited Transcript of DNORD.CO earnings conference call or presentation 4-Mar-20 8:00am GMT

More from Thomson StreetEvents

Thomson StreetEvents—Thomson StreetEvents is a leading provider of Web-based solutions for the investment community, offering services that transform the way companies communicate and meet disclosure requirements while assisting investors in managing and leveraging this information. Thomson StreetEvents service offers institutional investors a one-stop solution for managing corporate disclosure information by aggregating conference calls, webcasts, transcripts, call summaries, and other financial information into a time-saving, efficiency tool.
Purchase Thomson StreetEvents' Transcripts (verbatim reports) and Briefs (call summaries) of earnings, guidance, M&A and other corporate calls directly through Alacra. Discounted prices apply to reports produced over two weeks ago.

About the Author


Cite this Report

  
MLA:
Thomson StreetEvents. "Dampskibsselskabet Norden A/S Pre-Recorded Q2 2020 Earnings Presentation Transcript" Aug 19, 2020. Alacra Store. May 04, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2020-Dampskibsselskabet-Norden-A-S-Pre-Recorded-Earnings-Presentation-T13320446>
  
APA:
Thomson StreetEvents. (2020). Dampskibsselskabet Norden A/S Pre-Recorded Q2 2020 Earnings Presentation Transcript Aug 19, 2020. New York, NY: Alacra Store. Retrieved May 04, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2020-Dampskibsselskabet-Norden-A-S-Pre-Recorded-Earnings-Presentation-T13320446>
  
US$ 54.00
$  £  €
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Credit Research from one place.