Maersk Delivers Strong Q2 and Raises Full-Year Guidance
Maersk reported Q2 revenue up 20% year-on-year to USD 15.8bn, with EBITDA rising to USD 3.0bn and EBIT increasing to USD 1.6bn. The EBIT margin reached 10.0%, after EBIT of USD -192m in Q1. Terminals volumes grew 2.2% and Logistics & Services improved EBIT margin to 5.1% as ocean spot rates climbed on tighter capacity and congestion.