Comment / ZIM stunner leaves all in awe – bulls firmly in charge

ID 308773732 © Ruslan Gilmanshin | Dreamstime.com

It looked like Covid times all over again yesterday, Stellar 19 August for ZIM Integrated Shipping Services, when the Israeli box line disclosed super growth rates and margins…

… against weak comparable Q2 23 figures.

Oh, look

Now pertinently rewind to August 2021, well over one year after the first pandemic waves hit the world, and from second-quarter sales to underlying margins and adjusted earnings guidance, that was raised yesterday as it was three years ago…

… the good vibes were strikingly similar.

It’s easy ...