Maersk expects even better operating result for 2020

Maersk now expects an even higher operating profit for the full year 2020. This comes after the group delivers an improved operating profit as well as bottom line for the second quarter, even though revenue took a big dive on lower volumes.

Photo: Steve Helber/AP/Ritzau Scanpix

A.P. Moeller-Maersk expects an even better operating result, EBITDA, for the full year 2020, says the group in its half-year report Wednesday.

The world's largest container line thus reinstates its guidance and expects a result before interest, tax, depreciation and amortization in the range of USD 6.0 to 7.0 billion before restructuring and integration costs.

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

DSV CEO on ocean freight: "Currently a flat market"

Despite significant revenue growth in its air and sea division, DSV saw "a flat market" for ocean freight in the third quarter. But CEO Jens Bjørn Andersen doesn't expect a setback in the market. "The goods must be freighted," he says.

Further reading

Related articles

Trial banner

Latest news

See all jobs