Copenhagen-listed Norden told investors this morning 2015 operating profit would come in between $50m and $90m in 2015.

It had previously guided for a $40m gain to $40m loss.

Norden’s stock shot up as investors digested the news, reaching a high of DKK 177.70 in morning trading.

They last changed hands at DKK 170.80 each, up almost 5% from its opening DKK 163.20.