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Norden slashes forecast after unearthing accounting error

Norden’s finance team will face a grilling from top management after an accounting error forced the Danish shipping line to issue a revised full-year forecast yesterday. Norden has lowered its expectation for the full year to $10m to $45m, down from $25m to $60m. The adjustment of guidance is mainly related to a calculation error, […]

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Norden’s finance team will face a grilling from top management after an accounting error forced the Danish shipping line to issue a revised full-year forecast yesterday. Norden has lowered its expectation for the full year to $10m to $45m, down from $25m to $60m. The adjustment of guidance is mainly related to a calculation error, […]

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