dreamstime_s_21000532
© Nomadsoul1

Maersk has posted a $6.8bn net profit for the first quarter of the year – and expects Q2 to be better still.

“We are building a very different Maersk…we are building a better business,” CEO Soren Skou told investors during an earnings call this morning.

The record result was achieved despite including an impairment of $718m for its Russian activities and carrying 7% less volume on its ships.

The Danish transport and logistics group saw its revenue surge by 55% on Q1 21, ...

Please Register

To continue reading, please login or register for full access to our free content
Loadstar subscriber
New Loadstar subscriber REGISTER

Comment on this article


You must be logged in to post a comment.
  • Gordon Pirret

    May 04, 2022 at 1:45 pm

    Building a better business my backside, more like Highway Robbery. Delusional or what?