Investors turn their backs at Norden
Danish shipping company Norden gained profits for the first time in five years, but this was not enough for investors, as the price on shares in the company is down by just under six percent, after one hour of trading at a price of approximately 114.40 Danish kroner. Analysts expected a higher EBITDA in the fourth quarter.
The profits were not as high as analysts' expectations, which were 42 million dollar according to Ritzau Finans, but the profits came in at 38.5 million dollar.
< Front page
Copyright © Maritime Denmark