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.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
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

Further reading

Related articles

Latest news

See all jobs