Q2 2022 Dampskibsselskabet Norden A/S Investor Film by CEO Transcript - Thomson StreetEvents

Q2 2022 Dampskibsselskabet Norden A/S Investor Film by CEO Transcript

Q2 2022 Dampskibsselskabet Norden A/S Investor Film by CEO Transcript - Thomson StreetEvents
Q2 2022 Dampskibsselskabet Norden A/S Investor Film by CEO Transcript
Published Aug 18, 2022
3 pages (993 words) — Published Aug 18, 2022
Price US$ 54.00  |  Buy this Report Now

About This Report

  
Abstract:

Edited Transcript of DNORD.CO earnings conference call or presentation 18-Aug-22 10:59am GMT

  
Brief Excerpt:

...Welcome to the presentation of NORDEN's second quarter results. NORDEN achieved a fantastic result of $179 million for the quarter. And for the first half of the year, a result of $296 million, equivalent to return on equity of 47%. We are thereby well on our way to deliver one of the best results in NORDEN's 151-year history, with a full year guidance of $560 million to $640 million. Assets & Logistics generated a profit of $26 million. The business unit continues to realize excellent dry cargo gains based on cover contracts secured at strong rates and profitable vessel sales. The dry cargo portfolio is now fully covered for both 2022 and 2023 at profitable rates. This ensures downside protection and solid earnings going forward in a weakening dry cargo market. On the asset trading side, the business unit sold 3 dry cargo vessels at 10-year high price levels and thereby realize significant sales gains, which will benefit results in the second half of the year. This surge in the product...

  
Report Type:

Transcript

Source:
Company:
Ticker
DNORD.CO
Time
10:59am GMT
Format:
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Dampskibsselskabet Norden A/S Q2 2024 Earnings Call Transcript – 2024-08-08 – US$ 54.00 – Edited Transcript of DNORD.CO earnings conference call or presentation 8-Aug-24 1:00pm GMT

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

Q1 2022 Dampskibsselskabet Norden A/S Investor Film by CEO Transcript – 2022-05-05 – US$ 54.00 – Edited Transcript of DNORD.CO earnings conference call or presentation 5-May-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

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Cite this Report

  
MLA:
Thomson StreetEvents. "Q2 2022 Dampskibsselskabet Norden A/S Investor Film by CEO Transcript" Aug 18, 2022. Alacra Store. May 03, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2022-Dampskibsselskabet-Norden-A-S-Investor-Film-by-CEO-T15314154>
  
APA:
Thomson StreetEvents. (2022). Q2 2022 Dampskibsselskabet Norden A/S Investor Film by CEO Transcript Aug 18, 2022. New York, NY: Alacra Store. Retrieved May 03, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2022-Dampskibsselskabet-Norden-A-S-Investor-Film-by-CEO-T15314154>
  
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