CFO Patrick Jany reported a strong Q4 finish, with an EBITDA of $3.6 billion and EBIT of $2.1 billion. Free cash flow for the quarter reached $2.2 billion, supported by favorable working capital ...
A. P. Moller-Maersk A/S, a bellwether for world trade, forecast growth in the global container market in the face of an intensifying trade war. The global container market will expand 4% this year, ...
S&P 500 futures pared an early gain fueled by Treasury Secretary Scott Bessent’s comment that the Trump administration is ...
Logistics & Services demonstrated resilience in 2024 with momentum building steadily each quarter culminating in volume growth, higher revenue and improved EBIT margin compared to 2023. Revenue grew 7 ...
Maersk on Thursday said it expects to grow its business to track an expected 4% growth in global container shipping this year ...
Prince Mohammed bin Salman bin Abdulaziz Al Saud, Saudi Crown Prince and Prime Minister, has designated “King Salman ...
A. P. Moller-Maersk A/S, a bellwether for world trade, forecast growth in the global container market as it sees consumer ...
Revenue: Q4 of $3.33 billion vs $3.03 billion; Full year of $13.01 billion vs $12.16 billionDiluted EPS: Q4 of $1.70 vs $(1.95); Full year of $8.84 vs ...
Maersk and Hapag-Lloyd have published their 2024 financial results, with Maersk reporting a 65% increase in EBIT to USD 6.5 billion, while Hapag-Lloyd’s EBIT grew slightly to USD 2.8 billion.
Maersk on Thursday reported fourth-quarter profits above forecasts and said it expects earnings this year to trail last ...
Profit rose in the full financial year 2024 for Danish logistics and shipping firm AP Møller-Mærsk compared to the same ...
A.P. Moller - Maersk has released its financial results for 2024, reporting growth across all business segments and a substantial increase in profitability. Earnings before interest and taxes (EBIT) ...