Maersk upgrades 2019 guidance following growth in core business

A.P. Møller Maersk increases its expectations for 2019's operating result. The upgrade is attributed to improvements in the core business Ocean as well as Terminal & Towage. Meanwhile, Maersk presents revenue and operations figures for the third quarter.

Photo: Maersk PR/REUTERS / X01988

A.P. Møller Maersk now expects to make more money on operations this year.

The world's biggest container line just upgraded its expectations for this year's operating result. Maersk thus now expects the operating result (EBITDA) to land somewhere between USD 5.4 to 5.8 billion, informs the shipping company in a press release Monday afternoon. The previous expectation was USD 5 billion.

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