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Maersk Drilling expects lower operating profit in 2019

Maersk Drilling now presents its first independent results after being spun off from the Maersk Group. The company expects a positive operating result before special items for 2019, though it may well be lower than last year.

Photo: Maersk Drilling

In its first year as an independent company, Maersk Drilling expects to deliver an operating profit before special items at a lower level than in 2018, according to a financial update Thursday from the company, which will be separated from the Maersk Group.

For 2019, Maersk Drilling guides with an operating profit (EBITDA) of around USD 400 million, according to the press release. As such, this would be a setback from the company's operating profit for 2018, which came to USD 611 million, which in turn was USD 72 million lower than in 2017.

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