Maersk has revised its annual EBITDA guidance upwards, indicating a 19% growth compared to the $30 billion forecasted in April.
Their consolidated EBITDA was $37 billion as of June 30th, 2022 while their EBIT is $31 billion, up nearly 23%.
This is due to their outstanding results in the last quarter which ended on June 30th , during which their EBITDA rose to $21.7 billion. Driving the Danish shipping company’s performance was the “exceptional market situation” recorded in the ocean freight business.
The congestion problems still negatively affecting ports’ operational performance and the global supply chain have substantially consolidated the upward trend in freight rates.
However, Maersk’s guidance is based on the forecast of a gradual normalization of the market expected in the last quarter.
Translation by Giles Foster
