:
Interim report - first quarter of 2009
26 May 2009
Some highlights
The profit for the first quarter of 2009 was USD 73 million corresponding to DKK 415 million. The result includes positive fair value adjustments of certain hedging instruments of USD 55 million.
The total EBITDA was USD 15 million. Both the Dry Cargo Department and the Tanker Department achieved an EBITDA of approximately USD 9 million.
The expectations for 2009 have not changed since the guidance on 12 May: EBIT is expected to be USD 110-160 million, including profit from sale of vessels of approximately USD 55 million, and EBITDA is expected to be USD 100-150 million.
The Dry Cargo Department expects an EBITDA of USD 110-150 million, whereas the Tanker Department's EBITDA is expected to be USD 0-20 million.
The uncertainty regarding expectations is still more significant than usual because of the world financial crisis.
Mere info her:
http://www.ds-norden.com/investor/webcastq12009results.html
Interim report - first quarter of 2009
26 May 2009
Some highlights
The profit for the first quarter of 2009 was USD 73 million corresponding to DKK 415 million. The result includes positive fair value adjustments of certain hedging instruments of USD 55 million.
The total EBITDA was USD 15 million. Both the Dry Cargo Department and the Tanker Department achieved an EBITDA of approximately USD 9 million.
The expectations for 2009 have not changed since the guidance on 12 May: EBIT is expected to be USD 110-160 million, including profit from sale of vessels of approximately USD 55 million, and EBITDA is expected to be USD 100-150 million.
The Dry Cargo Department expects an EBITDA of USD 110-150 million, whereas the Tanker Department's EBITDA is expected to be USD 0-20 million.
The uncertainty regarding expectations is still more significant than usual because of the world financial crisis.
Mere info her:
http://www.ds-norden.com/investor/webcastq12009results.html
26/5 2009 12:20 fcras 0
12106 :
Sorry - mere info her:
http://www.ds-norden.com/investor/financialnews/announcements/interimreport-firstquarterof2009.html
Sorry - mere info her:
http://www.ds-norden.com/investor/financialnews/announcements/interimreport-firstquarterof2009.html
26/5 2009 12:45 fcras 012108 :
Barry Rogliano Salles Weekly Dry Bulk Market / Newsletter No 635
Tuesday, 26 May 2009
Despite minor increases in most of the drybulk indices, and even a drop in Panamax rates, the Cape market continued to soar this week, logging a 25% jump. The BCI has now broken firmly though ......link:
http://download.hellenicshippingnews.com/pdf/BRS/dbnl-635-2.pdf
Barry Rogliano Salles Weekly Dry Bulk Market / Newsletter No 635
Tuesday, 26 May 2009
Despite minor increases in most of the drybulk indices, and even a drop in Panamax rates, the Cape market continued to soar this week, logging a 25% jump. The BCI has now broken firmly though ......link:
http://download.hellenicshippingnews.com/pdf/BRS/dbnl-635-2.pdf
