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17 May 2022 The on-line newspaper devoted to the world of transports 03:26 GMT+2

April 26, 2022

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Original news
Maersk expects to close the first quarter of 2022 with new record financial results

In the period the volumes of cargoes transported by the fleet are decreased by -7%

The Danish shipowning group A.P. Møller-Mærsk plans to archive the first quarter of this year with revenues record pairs to 19,3 billion dollars, with an increase of +55% compared to the corresponding period of 2022. It is also expected a record operating profit of around 7.9 billions of dollars (+155%). The company explained that it is about performance above expectations and whose growth is was generated by the exceptional market conditions of the containerized maritime transport in which, if in the first three months of 2022 a decrease of -7% in volumes was recorded of containerised cargoes transported by the group's fleet, the on the other hand, the value of freight rates rose by +71% in the period.

The Maersk Group expects this positive trend to continue during the second quarter of this year. Currently the Danish company believes that the entire 2022 annual financial year will be able to be closed with a gross operating margin of approximately 30 billion dollars compared to $24 billion totaled in the year 2021. In addition, an EBIT of around 24 billion is expected compared to to over 19 billion dollars in the last annual financial year. The Group specified that these are forecast-based estimates standardisation of the maritime transport market containerized in the second half of 2022. Also Maersk considers that in the whole of 2022 the change in world demand for this type of transport will be included between a decrease in the -1% and an increase of +1% compared to the previous forecast of a increase of +2-4%.

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