A.P. Moller – Maersk withdraws from DB Schenker sales process
As previously confirmed A.P. Moller - Maersk (Maersk) had initiated a process to assess the strategic fit of DB Schenker in connection with the planned divestment of the company.
Over the past months, Maersk has conducted a review of the DB Schenker business, and during the past few weeks, there has been an opportunity to participate in an in-depth due diligence. Following this review, Maersk has decided to withdraw from the process.
Maersk Q1 results in line with expectations amid ongoing Red Sea disruptions
A.P. Moller - Maersk delivered a first quarter in line with expectations, showing a strong recovery in earnings compared to the fourth quarter of 2023. Results were driven by a good performance in Terminals and the combination of higher demand and a prolonged Red Sea crisis. As these conditions are expected to continue well into the second half of the year, Maersk lifts the lower end of its guidance range and now expects underlying EBITDA at USD 4.0 to 6.0bn and underlying EBIT at USD -2.0 to 0.0bn.
large and small
deployed
470+ ports
vessels on order
35 countries
(m FFE)