AW
ID 22119645 © Peter Wollinga | Dreamstime.com

Boom and bust materialised today, Dark Friday, 3 November, via AP Møller-Mærsk’s (APMM) Q3 23 update.

With its dismal performance in core Ocean activities, perhaps hardly surprising, as I preliminarily argued here today. However…

… the unit’s tiny -$27m loss at operating level, once gauged against expectations, makes you wonder – actual group Ebit at $538m: -12% against expectations, according to S&P Global Market Intelligence – if CEO Vincent Clerc may risk losing… oh, well…

… what to expect next.

Baseline Ebit losses Q4 23 ...

Subscription required for Premium stories

In order to view the entire article please login with a valid subscription below or register an account and subscribe to Premium

Or buy full access to this story only for £15.00

Please login to activate the purchase link or sign up here to register an account

Premium subscriber
New Premium subscriber REGISTER

Comment on this article


You must be logged in to post a comment.