Global Risk Management boosts bottom line by one-third

Torben Østergaard-Nielsen's Global Risk Management boosts its bottom line by 33 percent in one fiscal year, which, according to the company, exceeds all expectations. With new credit facilities secured, "the path is paved for further growth in coming years," says Keld Demant.

Hans Erik Christensen, CEO of Global Risk Management, which just presented its annual report. | Photo: PR / Global Risk Management

The latest financial year brought a significant boost to the result in Global Risk Management, which is part of Danish shipping group United Shipping & Trading Company (USTC).

Global Risk Management's gross result for the last year grew from approximately USD 20 million to USD 27.23 million, according to the company's staggered fiscal year report, covering May 1 to April 30.

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