Shipping icon Moller-Maersk hikes full-year outlook following robust second-quarter
Danish shipping group A.P. Moller-Maersk Monday significantly hiked its outlook for the year after posting strong preliminary results as chaotic conditions in the global supply chain have pushed freight rates up.
Published 4 سال قبل on اگست 3 2021، 2:44 شام
By Web Desk
"The strong quarterly performance is mainly driven by the continuation of the exceptional market situation with strong rebound in demand causing bottlenecks in the supply chains and equipment shortage," Maersk said in a statement.
Maersk now forecasts full-year underlying earnings before interest and taxes (EBIT) in the range of $14 billion-15.5 billion, up from a previous estimate of between $9 billion-11 billion.
The company also posted preliminary second-quarter revenue of $14.2 billion and EBIT of $4.1 billion.
SOURCE: REUTERS
An eye implant and smart glasses restore some lost vision
- 8 گھنٹے قبل
NFL won't reconsider Bad Bunny SB halftime show
- 7 گھنٹے قبل
Lahore has once again topped the global ranking of the world’s most polluted cities
- 3 گھنٹے قبل
.jpg&w=3840&q=75)
Field Marshal’s Egypt visit strengthens Pakistan-Egypt defence, religious ties
- 4 گھنٹے قبل
US criticizes Israeli for move to annex occupied West Bank
- 15 گھنٹے قبل
Jumada-al-Awwal moon sighted
- 13 گھنٹے قبل
The Friend AI pendant’s creator promoted a ‘Friend protest’ in NYC
- 8 گھنٹے قبل
What we're hearing on the WNBA's CBA negotiations
- 7 گھنٹے قبل
Trump’s East Wing demolition, briefly explained
- 6 گھنٹے قبل
Apple adds a new toggle to make Liquid Glass less glassy
- 8 گھنٹے قبل
All trade talks with Canada are terminated, Trump
- 3 گھنٹے قبل
How to translate No Kings energy to actual political power
- 6 گھنٹے قبل
You May Like
Trending
