Maersk performs strongly in third quarter and raises guidance to over US$5bn for 2024
AP Moller-Maersk (Maersk) has recorded growth across all segments of its business in the third quarter of this year and has increased its full-year underlying EBIT to between US$5.2-5.7bn, which was previously US$3-5bn.
Combined with strong container market demand and the continuation of the Red Sea crisis, Maersk now expects global container market growth for the full year to be around 6%, having expected it to be between 4-6%.
Consolidated EBITDA more than doubled to US$4.8bn while EBIT increased by more than 500% to US$3.3bn and revenue grew by 30% to US$15.8bn.
You need a free subscription to read the entire article.
Subscribe
Subscribe for FREE and gain access to all our content.
More than 5000+ articles.
Related Posts
Other News
Container Management (cm) has been published for more than 30 years serving the port, terminal, intermodal and container handling equipment industries worldwide.
