Blue Water's 2013 result far below budget

Blue Water Shipping CEO Kim Hedegaard Sørensen feels that the company achieved an unsatisfactory result for 2013. "Far below the budget," he says. The company will reduce its investments going forward.

Photo: Presse

After serving a year and a half as CEO of Blue Water Shipping in Esbjerg, Kim Hedegaard Sørensen is now able to present his first annual report with the company - a report that shows an increased revenue, but a result that, in his own words, is not good enough.

The result before taxes was reduced by more than half in 2013, to a EUR 4.7 million profit, compared to EUR 11.4 million in 2012 and EUR 10.3 million in 2011.

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