Weak market forces Norden to downgrade 2014
A steep decline in profits continued with unexpected force into the 2nd quarter of the year, but the second half of the year is expected to be better, says Norden in its interim report. The carrier reduces expectations for the year as a whole.
BY OLE ANDERSEN
The strong decline for Norden continued into the 2nd quarter with unexpected force, though improvements are expected in the second half of the year, according to D/S Norden's interim report for the 1st quarter 2014.
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