Maersk delivers better than expected results but warns uncertainties remain
The world’s top shipping company predicts container volumes will be back to pre-pandemic levels by the first quarter of 2021
19 August 2020 - 17:05
Copenhagen — The world’s largest container line may generate $1.5bn more in operating profit in 2020 than previously expected, as its business proves resilient to the Covid-19 crisis.
AP Moller-Maersk provided guidance for the first time since March, and painted a brighter picture of the future than investors and analysts had expected. Maersk CEO Soren Skou said he now expects container volumes to be back at 2019 levels by the beginning of 2021...
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