Expectations for 2008
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17 April 2008 |
NORDEN's expectations for 2008 are hereafter revised upwards to a Group EBIT in the range of USD 880-960 million, including profits from the sale of vessels of USD 265 million. For this reason, NORDEN's adjusted expectations for the profit after tax for 2008 are in the range of USD 870-950 million, including a negative fair value adjustment of certain hedging instruments of USD 21 million. More |
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14 March 2008 |
NORDEN's expectations for 2008 are hereafter revised upwards to a Group EBIT in the range of USD 835-915 million, including profits from the sale of vessels of USD 212 million. For this reason, NORDEN's adjusted expectations for the profit after tax for 2008 are in the range of USD 825-905 million, including negative fair value adjustment of certain hedging instruments of USD 21 million. More |
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10 March 2008 |
NORDEN has, to a large extent, secured employment at high freight rates - particularly in the dry cargo segment.
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Forward-looking statements
The annual- and interim reports and stock exchange announcements referred to above contain certain forward-looking statements reflecting the management’s present judgment of future events and financial results. Statements relating to 2008 and subsequent years are naturally subject to uncertainty, and NORDEN's actual results may therefore differ from the projections. Factors that may cause such variance include, but are not limited to, changes in macro- economic and political conditions, particularly in the Company’s principal markets; changes to the Company’s rate assumptions and operating costs; volatility in rates and tonnage prices; regulatory changes; any disruptions to traffic and operations as a result of external events etc. The reports and announcements should not be interpreted as a recommendation to trade shares in Dampskibsselskabet “NORDEN” A/S.
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