Maersk reports Q2 with increased earnings momentum
A.P. Moller - Maersk saw a sequential ramp-up in earnings in the second quarter of 2024 with EBIT margin reaching 7.5% vs. 1.4% in the first quarter. Strong container demand in a market of supply chain disruptions and continued cost control contributed to the momentum. Full-year 2024 guidance range has been further raised.
Financial highlights of Q2 2024
Revenue
12.8bn
EBIT
1bn
ROIC, LTM
2.0%
EBITDA
2.1bn
Free cash flow
0.4bn
NIBD
-3.6bn
Environmental, Social, Governance
Maersk’s ESG strategy charts an ambitious course and establishes ESG as core to our purpose, critical to the success of our business strategy, and a differentiator in the value we create for our customers.
