News / Q1 'better than expected' for Maersk – but 'there's more pressure to come'

Photo 37979394 © Philipmorch | Dreamstime.com

02/05/2024

Stronger-than-expected demand and continuing disruption from the Red Sea crisis produced a better-than-expected return for AP Møller Maersk in the first quarter, supported by increased profitability in its terminals division.

Groupwide revenues in Q1 declined 13% year on year, to finish at $12.4bn, while quarterly EBIT ...

To read this article you need to subscribe.

Help us to continue to invest in award-winning independent journalism. For an introductory offer of just £70 a year, or £10 per month, get access to all our daily news stories and opinion. If you are already a registered user, please login below with your current account's email and password to subscribe. If you are not registered and want to subscribe, please register below to subscribe.

Current subscriber

New subscriber