Stena in big profit after Helsingor-Helsingborg sale

Major Swedish shipping group Stena AB delivered a large profit in the first quarter of the year, mainly due to the sale of the ferry service Helsingor-Helsingborg. The group's drilling and tanker segment also improved in the period.

BY LOUISE VOGDRUP-SCHMIDT

Stena AB delivered a big profit on the bottom line in the first quarter of the year. A majority of the improved result stems from the sale of the Helsingor-Helsingborg ferry operations, which triggered a USD 195 million profit for the group.

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