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Maersk reports Q2 with increased earnings momentum

Maersk now expects global container market growth to be between 4-6%

(DENMARK, 8/8/2024)

Copenhagen – A.P. Moller - Maersk continued to build momentum in the second quarter reporting volume growth across all segments and improved financial performance with EBIT margin reaching 7.5% compared to 1.4% in the first quarter. Results were driven by increased profitability in Ocean, solid growth in Logistics & Services and excellent performance in Terminals. Based on the prolonging of the crisis in the Red Sea and a continued robust market demand, Maersk upgraded its guidance for 2024 on August 1... (More Info)

Previous news:

Maersk CEO Vincent Clerc speaks to ‘massive impact’ of the Red Sea situation on global supply chains
IN BRIEF - A.P. Møller - Mærsk A/S – Increasing 2024 full-year guidance
Maersk Q1 results in line with expectations amid ongoing Red Sea disruptions
Maersk: Who run the world? Achieving gender diversity in logistics
A.P. Møller - Mærsk A/S: Interim Report Q4 2023
IN BRIEF - Hapag-Lloyd and Maersk enter into an operational partnership from February 2025
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