Svitzer grows on new contracts ahead of listing

The tugboat operator, which next week will become a stand-alone listed company, grew in the first quarter due to new contracts, according to an update.
The Svitzer share will be traded for the first time on Nasdaq Copenhagen on April 30. | Photo: Sina Schuldt/AP/Ritzau Scanpix
The Svitzer share will be traded for the first time on Nasdaq Copenhagen on April 30. | Photo: Sina Schuldt/AP/Ritzau Scanpix

Svitzer, which will be spun off from Maersk and independently listed on the stock exchange next week, has advanced in both revenue and operating profit, according to a first-quarter financial update.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
  • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading