News / 'Strong operational performance' in Q3 keeps Maersk on course

Maersk delivered a strong result across its shipping, logistics, services and terminals portfolio in the third quarter, despite a decline in top-line revenue.

Turnover was down by just under 1% on the same quarter of last year, to $10.1bn, but ebitda increased 14% to $1.7bn, and net profit climbed to $520m, against an impairment impacted loss of $219m the year before.

Chief executive Soren Skou noted a “strong operational performance in ocean, higher margins in terminals and solid earnings progress in logistics ...