News / After 'strongest quarter of the year', Maersk will batten down the hatches

© Martin Hatch

Maersk says it expects Q1 to be the strongest quarter of the year and prepares for breakeven trading for the rest of 2023.

The Danish transport and logistics group reported ebit/net profit of $2.3bn for the first three months, compared with $7bn in the same quarter of 2022, from revenue of $14.2bn. (For a more in-depth look at Maersk’s results, see Loadstar Premium today.)

However, its full-year guidance is for an underlying ebit of just $2bn to $5bn, as lower contract rates ...