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13 November 2019 The on-line newspaper devoted to the world of transports 15:20 GMT+1



October 21, 2019

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Original news
The Maersk group announces an improvement of the economic performances

Attended an EBITDA of 5,4-5,8 billion dollars relative to the exercise anniversary 2019

Shipowning group Danish A.P. Møller-Mærsk has announced today that it previews to close the exercise anniversary 2019 with an EBITDA of 5,4-5,8 billion dollars regarding the precedence forecast of about five billions of dollars. Last year the group had archived item the exercise with a Gross Operating Margin of 3,8 billion dollars(on 21 February 2019).

The Danish company has specified that the positive variation of the forecast is formulated on the base of the financial data of the third trimester and the last relative projections to the levels of the hires, the cargo volumes transported from the fleet and of the prices of the remaining bunker for part of the year. In particular, the shipowning group has specified that in the third trimester, although the slow down of the increase of the question and rates of transport more lowlands, are recorded better performances of the previewed one relatively to the Ocean division, that groups the activities of containerized marine transport of the group realized with the marks Maersk Line, Safmarine, Sealand, Hamburg Süd and Aliança, to which the continuous improvements of the margins of the division Terminal & Towage have been added.

Moreover A.P. Møller-Mærsk has announced that in the third trimester of this year the revenues are piled to 10,06 billion dollars and the EBITDA to 1,66 billion dollars, regarding revenues pairs to 10,08 billion dollars and to an EBITDA of 1,14 billion in the correspondent period of 2018(on 14 November 2018). Moreover in the first nine months of the 2019 pairs to 29,22 billion dollars are totaled revenues (28,84 billion in the same period of 2018) and an EBITDA of 4,25 billion dollars (2,69 billion).

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