News / Analyst predicts Maersk will enjoy a bumper 2017

06/02/2017

Ahead of the Maersk Group 2016 annual report due on Wednesday, analyst Jefferies has predicted a substantial recovery for the group’s container division for this year.

In a note to investors Jefferies said it expected that the Maersk Group’s 2017 NOPAT (net operating profit after tax) would recover to $2.6bn, which compares to the company’s “below $1bn” outlook for 2016.

The improvement follows “a sea change in strategy and market fundamentals” at the Danish group said Jefferies, and was “driven by a ...