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Maersk grows revenue and underlying profit in “unusual” year

February 12, 2018
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A topsy-turvy  2017 saw Maersk deliver an underlying profit for its continuing operations of US$356m, compared to a loss of US$496m the previous year, although this fell significantly below expectations.

An underlying profit of US$425.4m had been forecast while operating profit reached US$641m, far below the estimate of US$1.03bn.

Søren Skou, CEO of A.P. Moller – Maersk, stated: “The past year was unusual for A.P. Moller – Maersk, characterized by a cyber-attack and operational challenges in a few hubs.

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