Maersk Q2 earnings: World's biggest shipping firm's profits rise 25% - Business Insider

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.

The company beat its own expectations, as it announced on 17 June it was expecting operating profit of $1.5 billion. Maersk, which is often considered a key indicator of global economic health and demand, now expects earnings to level between $6 billion and $7 billion in 2020.Warren Buffett disciple Joel Greenblatt averaged 50% annual returns over 10 years. He shares an investor's approach to solving some of America's most glaring problems right now — from education and immigration to social security.

But the company's revenues fell 6.5% to $9 billion in the second quarter "mainly driven by a volume decrease of 16% in Ocean and 14% in gateway terminal," Maersk said.

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Inside the French Riviera's pandemic party problem - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Houston we have a problem.... or in this case, France. 25 guys and only one woman, huge problem.
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »

Inside the 20,000-member trading community started by college students - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »

Business Insider webinar with McKinsey, Bain, and PwC - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »

JCPenney, J. Crew, Ascena among biggest US bankruptcies of 2020 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »