NORDEN raises full-year guidance
On the back of strong operational performance, NORDEN upgrades the 2026 full-year net profit guidance to USD 180 – 230 million (previously USD 140 – 190 million). For the full-year 2026, expected sales gains from already signed transactions is unchanged at USD 79 million. NORDEN continues to deliver strong operational performance across both Dry cargo ...
NORDEN, the shipping company, has boosted its full-year 2026 net profit forecast to between USD 180 million and USD 230 million, up from the earlier range of USD 140 million to USD 190 million. This upward revision is based on the company's robust performance in 2026. The expected sales from signed contracts remain steady, unchanged at USD 79 million for the entire year.
NORDEN has consistently shown strong performance in both dry cargo and tanker segments, driven by effective execution, strategic regional positioning, and improved market rates. The company anticipates that the majority of the anticipated profit increase will be realized towards the end of the year. Jan Rindbo, the CEO of NORDEN, expressed satisfaction with the company's strong performance and attributed the upgrade in earnings expectations to higher rates, particularly in the tanker sector, as well as disciplined execution that is expected to positively impact the bottom line towards the end of the year. The company will release its interim report for Q3 2026 on October 29, 2026.
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