The world's biggest shipping company posted a shock 25% rise in profits as global demand starts to recover amid the pandemic

  • 📰 News24
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 80%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

The world's biggest shipping company posted a shock 25% rise in profits as global demand starts to recover amid the pandemic | BISouthAfrica

the world's largest container shipping company posted an increase in operating profit of 25% to $1.7 billion in Q2 beating it's own expectations, as global trade recovers somewhat from the worst impacts of the coronavirus pandemic.

Søren Skou, Maersk's CEO said:"The continued improvement in operating results were driven by strong cost performance across all of our businesses, lower fuel prices and higher freight rates on Ocean and increased profitability in Logistics & Services." The company had given an initial guidance of $5.5 billion in March before suspending its full-year guidance due to the COVID-19 pandemic.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 4. in BE

Belgique Dernières Nouvelles, Belgique Actualités