Mærsk Line shoots to the bottom of earnings/teu league
Carriers’ unit earnings tell the story
HONOLULU, Aug. 4, 2015
Q2 15 net income of $9.9m and EPS of $0.23, negatively impacted by acquisition SG&A costs of $0.17 per share and Molasses Settlement costs of $0.16 per share Excluding these two items (non-GAAP): Q2 15 EPS would have been $0.56, up 33.3% YOY Q2 15 EBITDA would have been $82.8 million, up 41.5% YOY Raising full-year 2015 operating income outlook to substantially exceed 2014MSC Elsa 3 sinking – now the 'blame game' begins
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