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2026-08-13 15:19:17 Maersk charted a 20% YoY increment in 2Q revenue to USD15.8 billion. EBITDA rose 30% YoY to USD3 billion, above market expectations of USD2.12 billion, thanks to demand, aggravating trade flow imbalances, tight capacity, and intensifying port congestion in Europe, the Middle East, the east coast of South America and West Africa, which drove an upsurge in spot freight rates in the quarter. Maersk forecast global container market throughput to grow by about 4% for the full year, and forecast full-year underlying EBITDA of USD10.5-12.5 billion, higher than the previous guidance of USD8-10 billion. Underlying EBIT guidance was raised to USD4.5-6.5 billion from the previous USD2-4 billion, while FCF was estimated to remain non-negative. ~ AASTOCKS Financial News Website: www.aastocks.com | |