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Solid quarter for Maersk with rate and volume growth

August 16, 2019
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Maersk delivered solid progress in the second quarter 2019 with underlying profit increasing from US$15m to US$134m on the back of increases in volume and freight rates.

Total revenue increased slightly to US$9.6bn on par with last year while EBITDA rose by 17% to US$1.4bn.

During the first half of 2019, the company formed on sales organisation, with a focus on giving customers integrated services and offering them more products in an aim to improve financial results across the business.

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