The upgrade in EBITDA for 2019 from $5.0bn to $5.4-5.5bn is a good surprise considering the uncertain environment in container shipping and logistics due to the endless US-China trade disputes. The upward revision in EBITDA relies on the internal progress of the operational performance in the Ocean division and Terminal & Towage and also lower fuel prices.
22 Oct 2019
2019 EBITDA revised upwards
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2019 EBITDA revised upwards
A.P. Moller - Maersk A/S Class B (MRSK:WBO) | 0 0 2.1% | Mkt Cap: 217,400m
- Published:
22 Oct 2019 -
Author:
Hélène Coumes -
Pages:
2
The upgrade in EBITDA for 2019 from $5.0bn to $5.4-5.5bn is a good surprise considering the uncertain environment in container shipping and logistics due to the endless US-China trade disputes. The upward revision in EBITDA relies on the internal progress of the operational performance in the Ocean division and Terminal & Towage and also lower fuel prices.