First reaction: down -10% in pre-market trade to $17.3, after a roller coster that has been spectacular to watch this year.
Welcome to Zim’s Q1 24 numbers, just out!
Key figures span revenues of $1.56bn, net income of $92m, adjusted Ebitda of $427m and adjusted Ebit of $167m.
Investors expected stronger figures in terms of earnings power, but the top line was broadly in line with expectations.
The Israeli carrier upped full-year 2024 guidance …
The post Timeline essential: ZIM Q1 24 out – little left on the (income) bone appeared first on The Loadstar.
