A.P. Møller - Mærsk A/S

MAERSK A

Equity

ISIN DK0010244425 / Valor 906012

Nasdaq Copenhagen Equities (2024-12-23)

DKK 11,450.00+3.62%

A.P. Møller - Mærsk A/S
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About company

A.P. Møller - Mærsk A/S is a global leader in integrated logistics solutions, aiming to streamline and secure supply chains for its customers. With a strategic vision to become the Global Integrator, the company offers comprehensive services that connect, protect, and simplify global supply chains. By addressing the increasing complexity in supply chains, A.P. Møller - Mærsk A/S plays a crucial role in making them more efficient, resilient, and sustainable.

Summarized from source with an LLMView SourceSector: Consumer Services

Third Quarter 2024 Performance

A.P. Møller - Mærsk A/S reported strong business performance in the third quarter of 2024, with financial results significantly surpassing those of the previous year. This growth was primarily driven by the Ocean segment, while both Logistics & Services and Terminals also contributed through improved earnings. The company has further raised its full-year 2024 guidance range.

Second Quarter 2024 Earnings

In the second quarter of 2024, A.P. Møller - Mærsk A/S experienced a sequential increase in earnings, with the EBIT margin reaching 7.5% compared to 1.4% in the first quarter. This improvement was supported by strong container demand amidst supply chain disruptions and continued cost control measures.

First Quarter 2024 Results

A.P. Møller - Mærsk A/S delivered a first quarter in line with expectations, showing a strong recovery in earnings compared to the fourth quarter of 2023. The results were driven by a solid performance in Terminals and a combination of higher demand and a prolonged Red Sea crisis. The company has adjusted its guidance range, now expecting underlying EBITDA between USD 4.0 to 6.0 billion.

Fourth Quarter 2023 and Annual Results

For the fourth quarter of 2023, A.P. Møller - Mærsk A/S achieved its financial guidance with an underlying EBITDA of USD 9.8 billion. Despite facing significant oversupply challenges and increased uncertainty, the company expects underlying EBITDA for the full year of 2024 to be between USD 1.0 billion and 6.0 billion. A dividend of DKK 515 per share was proposed for 2023.

Strategic Focus and Capital Allocation

A.P. Møller - Mærsk A/S continues to focus on its integrator strategy, with prudent capital allocation being a key priority. The company has suspended its share buy-back program and initiated the demerger of its towage business, Svitzer, as part of its strategic initiatives.

Summarized from source with an LLMView Source

Key figures

-8.62%1Y

-46.0%3Y

26.4%5Y

Performance

41.4%1Y

43.3%3Y

41.7%5Y

Volatility