Unsold GXO – Vertical integration in logistics? You must be kidding
Forget that myth
Last year was a busy yet transitional period for Denmark’s AP Møller-Mærsk (APMM) and with its annual numbers due on Thursday – the day after Hapag-Lloyd reports its preliminary results – the spotlight will be on a plethora of upcoming challenges and opportunities, perhaps, more than on trailing figures.
The table below shows what to expect, particularly in terms of top line and ebitda, according to S&P Global Market Intelligence.
Annual group sales are forecast at over $39bn, broadly in line with ...
Comment on this article
Nora Bingham
February 19, 2020 at 3:34 amSo are they saying that what is going on in China will affect our stock prices in this and the next quarters?
Alessandro Pasetti
February 20, 2020 at 11:23 amHi Nora, thanks for your comment. Are you specifically asking about today’s call with the analysts? Clearly, APMM management would never argue that coronavirus would affect their stock in the upcoming quarters. They weren’t willing to give away any meaningful details about their future financials/performance today, other than confirming guidance for ebitda at around $5.5bn (+/- 10%), which is lower than 2019 ebitda at ~ $5.8bn. Conf call performance underwhelming. Best, Ale