<p>Dampskibsselskabet NORDEN A/S reported a net profit of USD 120 million (DKK 796 million) for the full year 2025, supported by contributions from both its dry cargo and tanker units. The group’s net profit was driven by USD 50 million in combined operating earnings and USD 70 million in gains from vessel sales. Return on invested capital (ROIC) averaged 25% over the past five years and was 8.9% in the last twelve months. NORDEN’s board has proposed a distribution of USD 35 million to shareholders for the fourth quarter, including a dividend of DKK 2 per share and a new share buy-back program of USD 25 million. The dividend will be paid based on shareholdings registered in VP Securities on 13 March 2026 and is expected to be available in shareholders’ accounts on 16 March 2026. Throughout 2025, NORDEN shifted between asset-heavy and asset-light exposure, selling 23 vessels—15 from declared purchase options—while purchasing one vessel and signing 24 new lease agreements with purchase options. Net asset value (NAV) stood at DKK 379 per share at year-end. For 2026, the company expects continued improvement in dry cargo operator margins and strong tanker margins in the first half, with a projected full-year net profit guidance of USD 30–100 million, including USD 20 million in gains from vessel sales related to signed transactions. This guidance does not account for potential gains from future vessel sales. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Dampskibsselskabet NORDEN A/S published the original content used to generate this news brief via Cision (Ref. ID: 20260204:BIT:5738:0) on February 04, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)</p>

NORDEN posts FY 2025 net profit of USD 120 million