News / Despite weak H1 numbers, Maersk CEO says business 'trending in the right direction'

Photo: Maersk

After a “better-than-expected” first quarter, as it rounded out the half-year, Maersk today claimed it had maintained strong momentum, boasting volume growth and improved financials.

However, improved or not, against 2023, its H1 financials looked weak, with group revenue down 7% year on year, from $27.2bn to $25.1bn,  and the Ebitda fall was even sharper, down 47.7%, to $3.7bn, as Ebit collapsed, down 71%, to $1.1bn.

But, with Maersk having warned that 2024 could be a ...