Q1 17 was a mixed quarter at the bottom line but showed an improvement in the top-line (revenue growth for Maersk Line). The Energy division made most of the profit for the group while the Transport & Logistics provided a very small contribution. More precisely, Maersk Oil was the lone entity to improve (significantly) its underlying net result while all other entities had lower contributions, including Maersk Line which showed an underlying net loss. Q1 17 figures Revenue was $8.96bn (+5
11 May 2017
Maersk Line's top-line growth, not at the bottom-line
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Maersk Line's top-line growth, not at the bottom-line
A.P. Moller - Maersk A/S Class B (MRSK:WBO) | 0 0 2.1% | Mkt Cap: 217,400m
- Published:
11 May 2017 -
Author:
Hélène Coumes -
Pages:
4
Q1 17 was a mixed quarter at the bottom line but showed an improvement in the top-line (revenue growth for Maersk Line). The Energy division made most of the profit for the group while the Transport & Logistics provided a very small contribution. More precisely, Maersk Oil was the lone entity to improve (significantly) its underlying net result while all other entities had lower contributions, including Maersk Line which showed an underlying net loss. Q1 17 figures Revenue was $8.96bn (+5