Maersk grows revenue and underlying profit in “unusual” year
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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