Conf call redux: Mærsk has a plan, folks...
Time to crack on chaps
It’s analysis time for a $33.5bn-market-cap beast trying to find its inner strength in this downturn.
Denmark’s AP Møller-Mærsk (APMM) released today interim consolidated group numbers that were stronger than expected at operating income level* but was its Q1 23 free cash flow (FcF) leaving all of you bears speechless?
(*Pheewww… ergo: +$400m vs quarterly estimates I sighted, hitting $2.3bn Ebit for the first quarter of the year.)
Make no mistake: there are good and bad things to observe in the figures for what is ...
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