Q2 2025 Dampskibsselskabet Norden A/S Earnings Call Transcript
Good morning, and welcome, everyone, to this webcast with a presentation of the Q2 2025 report from Norden that was published this morning.
(Operator Instructions) With that, I'll hand over to CEO, Jan Rindbo, and CFO, Martin Badsted, from Norden. Please go ahead.
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Thank you very much, and also a warm welcome here from my side, and thanks for joining us on this presentation of our Q2 results. So let me just start by sharing some of our group highlights. So we have, in the second quarter, delivered a group net profit of $52 million and a return on invested capital of 10%, and this is driven by sales gains combined with profitable contract cover in what has been weaker markets.
And these weaker markets have been challenging for ship operators, but we've, at the same time, seen pretty resilient asset prices that has been favorable for ship owners, and that is also reflected in the diverging results
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