AP Moeller - Maersk A/S B0O77
▲ PositiveCapitalrelevance
Q2 profit more than doubled and full-year guidance raised.
Impact on stocks 1
Industrials
AP Moeller - Maersk A/S BA.P. Moller - Maersk reported second-quarter profit of $1.26 billion, more than double the $586 million earned a year earlier. Revenue climbed to $15.76 billion from $13.13 billion, while underlying profit rose to $1.30 billion from $614 million. The company raised its full-year guidance, now expecting underlying EBITDA of $10.5 to $12.5 billion, up from a prior range of $8 to $10 billion, and underlying EBIT of $4.5 to $6.5 billion, up from $2 to $4 billion. Maersk shares last traded at 17,405 kroner on Nasdaq Copenhagen.
AP Moeller - Maersk A/S BQ2 profit more than doubled and full-year guidance raised.