The conservative but strong Norden covering gives the company a big advantage on its competitors. In spite of a weaker second quarter, the shipping company still has advantages in the macroeconomic uncertainty. That is why Carnegie expects to see stability when Norden presents its half year results on Wednesday
BY LOUISE VOGDRUP-SCHMIDT
Norden will present its results on Wednesday 15 August and share analyst Stig Frederiksen from Carnegie Bank expects to see a bright spot in a dry bulk market marked by a negative development.
The outlook for the container market looks somewhat more gloomy in the coming time, estimates French CMA CGM. However, the container shipping company still recorded growth on top and bottom lines in third quarter.