NewsMaersk expects profit hike on strong demand and Red Sea crisis

October 22, 2024by 0

AP Moller-Maersk has raised its full-year earnings guidance amidst “strong container market demand”.  
The Danish carrier said “on the back of strong third quarter results combined with strong container market demand and the continuation of the Red Sea situation” it has upped its full-year EBITDA forecast to between $11-11.5bn.  
This is up from its previous estimate of between $9-11bn.  
Maersk also raised its predicted EBIT to sit between $5.2-5.7bn from …

The post Maersk expects profit hike on strong demand and Red Sea crisis appeared first on The Loadstar.

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