Announcement No. 2, 2010
Interim financial report for the first half of 2010
J. Lauritzen A/S (JL) enjoyed a good start to the year and JL’s share of results totalled USD 99.6m for the first six months of the year compared to USD 1.5m for the first half-year in 2009. The result for the period was better than expected primarily due to improved earnings from Lauritzen Bulkers’ handysize bulk carrier operations and non-recurring income from counterparty settlements.