Comment / Conf call redux: Keeping mum at AP Møller-Mærsk

Photo by William Nottage on Unsplash

It’s been a big week for AP Møller-Mærsk (APMM) news, what with Damco’s death sentence and thousands of potential job cuts in the offing.

(Background and bragging rights: check out the three “most popular” stories on The Loadstar’s homepage here)

Rumours abounded even ahead of the Danish line’s Q2 results, but you would never have guessed it listening to management share their numbers during the obligatory quarterly conference call with analysts – which, however, contained other relevant bits for the trade as well as investors.

The only clue ...