A.P. Møller - Mærsk A/S

MAERSK B

Equity

ISIN DK0010244508 / Valor 906020

Nasdaq Copenhagen Equities (2024-12-23)

DKK 11,850.00+3.40%

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 global supply chains, A.P. Møller - Mærsk A/S plays a crucial role in making supply chains more efficient, resilient, and sustainable.

Summarized from source with an LLMView SourceSector: Consumer Services

Third Quarter 2024 Results

A.P. Møller - Mærsk A/S reported its financial results for the third quarter of 2024, highlighting a continued focus on operational efficiency and cost management. The company noted a stable performance despite ongoing market challenges, with a particular emphasis on maintaining service reliability and customer satisfaction.

Second Quarter 2024 Earnings

In the second quarter of 2024, A.P. Møller - Mærsk A/S experienced a significant improvement in earnings, with the EBIT margin increasing to 7.5% from 1.4% in the first quarter. This growth was attributed to strong container demand and effective cost control measures amidst supply chain disruptions.

First Quarter 2024 Performance

The first quarter of 2024 saw A.P. Møller - Mærsk A/S achieving results in line with expectations, driven by strong performance in its Terminals segment and increased demand. The company adjusted its guidance, anticipating underlying EBITDA between USD 4.0 to 6.0 billion for the year.

2023 Annual Report Highlights

A.P. Møller - Mærsk A/S successfully met its 2023 financial guidance, achieving an underlying EBITDA of USD 9.8 billion. The company proposed a dividend of DKK 515 per share and announced the suspension of its share buy-back program, alongside plans to demerge its towage business, Svitzer.

2024 Financial Outlook

For the full year of 2024, A.P. Møller - Mærsk A/S expects underlying EBITDA to range between USD 1.0 billion and 6.0 billion. The company remains focused on prudent capital allocation and advancing its integrator strategy to navigate the challenges posed by market oversupply and uncertainty.

Summarized from source with an LLMView Source

Key figures

-7.31%1Y

-48.0%3Y

23.1%5Y

Performance

43.2%1Y

44.6%3Y

43.3%5Y

Volatility