Maersk Group CEO Nils Smedegaard Andersen spoke in plain words following publication of the conglomerate's results for the third quarter 2015, which showed a dive in profits of almost 50 percent:
"We are in a situation in which our markets are in a very bad state, and of course this affects the result," said Nils Smedegaard Andersen, pointing to the two fundamental conditions that are currently hitting Maersk.
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