AP Moller-Maersk delivered a mixed set of figures in its Ocean division (Maersk Line, Hamburg Süd, APM Terminals’ transhipment hubs) and posted an underlying net loss of $-239m (vs $-139m in Q1 17). While Ocean’s top-line growth was significant (+38%, +9% on constant scope), the unit cost increased strongly (+12%, +8.6% at fixed bunker price).
22 May 2018
Higher unit cost in the Ocean division.
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Higher unit cost in the Ocean division.
A.P. Moller - Maersk A/S Class B (MRSK:WBO) | 0 0 2.1% | Mkt Cap: 217,400m
- Published:
22 May 2018 -
Author:
Hélène Coumes -
Pages:
3
AP Moller-Maersk delivered a mixed set of figures in its Ocean division (Maersk Line, Hamburg Süd, APM Terminals’ transhipment hubs) and posted an underlying net loss of $-239m (vs $-139m in Q1 17). While Ocean’s top-line growth was significant (+38%, +9% on constant scope), the unit cost increased strongly (+12%, +8.6% at fixed bunker price).