MAERSK A A.P. Moller - Maersk A/S Class A

Trading update Q2 2024 and adjustment of full-year guidance 2024

Trading update Q2 2024 and adjustment of full-year guidance 2024

ANNOUNCEMENT



 

A.P. Møller - Mærsk A/S – Trading update Q2 2024 and adjustment of full-year guidance 2024



 

Based on preliminary figures, A.P. Møller - Mærsk A/S (APMM) reports an unaudited revenue of USD 12.8bn, underlying EBITDA of USD 2.1bn and underlying EBIT of USD 756m (reported EBIT of USD 963m) for Q2 2024.

Due to the continued supply chain disruption caused by the situation in the Red Sea, which is now expected to continue at least until the end of 2024, coupled with robust container market demand, APMM upgrades its full-year 2024 guidance and now expects underlying EBITDA of USD 9 to 11bn and EBIT of USD 3 to 5bn (previously USD 7 to 9bn and USD 1 to 3bn, respectively), and free cash flow of at least USD 2bn (previously at least USD 1bn).

The outlook for the global container market volume growth for the full-year 2024 has been revised up to 4-6% (previously towards the upper end of 2.5-4.5%).

Trading conditions remain subject to higher than normal volatility given the unpredictability of the Red Sea situation and the lack of clarity of supply and demand in Q4.

APMM will publish its full Q2 interim results on 7 August 2024.

Copenhagen, 1 August 2024

Contact persons:

  • Head of Investor Relations, Stefan Gruber, tel.
  • Head of Media Relations, Jesper Løv, tel.

                                                                                            

                                                                                                                                          Page 1 of 1



 

Attachment



EN
01/08/2024

Underlying

MAERSK AA.P. Moller - Maersk A/S Class A

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on A.P. Moller - Maersk A/S Class A

 PRESS RELEASE
Free
MAERSK A A.P. Moller - M...

Halvårsrapport 2024” (kun på engelsk)

Halvårsrapport 2024” (kun på engelsk) Halvårsrapport 2024 for A.P. Møller - Mærsk A/S vedhæftes. CEO for A.P. Møller - Mærsk A/S, Vincent Clerc, udtaler: "Andet kvartals resultater bekræfter, at alle vores forretningsområder udvikler sig i den rigtige retning. Der har været stor efterspørgsel i markedet, og som alle har kunnet følge med i, er situationen i Det Røde Hav fortsat fastlåst – begge dele lægger pres på de globale forsyningskæder. Vores forventning er nu, at denne situation varer ved året ud. Vi har foretaget investeringer i hele forretningen for at tilpasse os vilkårene og hjæl...

August 7, 2024 1 EN
 PRESS RELEASE
Free
MAERSK A A.P. Moller - M...

Interim Report Q2 2024

Interim Report Q2 2024 The Interim Report for 2nd Quarter 2024 for A.P. Møller - Mærsk is hereby enclosed. CEO of A.P. Møller - Mærsk A/S, Vincent Clerc, states:  "Our results this quarter confirm that performance in all our businesses is trending in the right direction. Market demand has been strong, and as we have all seen, the situation in the Red Sea remains entrenched, which leads to continued pressure on global supply chains. These conditions are now expected to continue for the remainder of the year. We have invested in additional equipment in all our businesses to adapt to the...

August 7, 2024 1 EN
 PRESS RELEASE
Free
MAERSK A A.P. Moller - M...

Trading update Q2 2024 and adjustment of full-year guidance 2024

Trading update Q2 2024 and adjustment of full-year guidance 2024 ANNOUNCEMENT   A.P. Møller - Mærsk A/S – Trading update Q2 2024 and adjustment of full-year guidance 2024   Based on preliminary figures, A.P. Møller - Mærsk A/S (APMM) reports an unaudited revenue of USD 12.8bn, underlying EBITDA of USD 2.1bn and underlying EBIT of USD 756m (reported EBIT of USD 963m) for Q2 2024. Due to the continued supply chain disruption caused by the situation in the Red Sea, which is now expected to continue at least until the end of 2024, coupled with robust contai...

August 1, 2024 1 EN
 PRESS RELEASE
Free
MAERSK A A.P. Moller - M...

Increasing 2024 full-year guidance

Increasing 2024 full-year guidance ANNOUNCEMENT A.P. Møller - Mærsk A/S – Increasing 2024 full-year guidance On the back of continued strong container market demand and the disruption caused by the ongoing crisis in the Red Sea, A.P. Møller - Mærsk A/S (APMM) now also sees signs of further port congestions, especially in Asia and the Middle East, and additional increase in container freight rates. This development is gradually building up and is expected to contribute to a stronger financial performance in the second half of 2024. Based on these developments, APMM upgrade...

June 3, 2024 1 EN
 PRESS RELEASE
Free
MAERSK A A.P. Moller - M...

Oplysning om ændring i antal stemmer og selskabskapital

Oplysning om ændring i antal stemmer og selskabskapital SELSKABSMEDDELELSE A.P. Møller - Mærsk A/S – Oplysning om ændring i antal stemmer og selskabskapital På selskabets ordinære generalforsamling den 14. marts 2024 blev det besluttet at nedsætte selskabets aktiekapital ved annullering af egne aktier. Kapitalnedsættelsen blev endeligt gennemført og registeret i Erhvervsstyrelsen den 24. maj 2024. I henhold til Lov om kapitalmarkeder, § 32, offentliggøres hermed det samlede antal stemmerettigheder og den samlede kapital i selskabet pr. 31. maj 2024: Type Antal akti...

May 31, 2024 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch