Maersk shares jumped greater than 10% after the delivery big posted better-than-expected fourth-quarter outcomes on Thursday, placing shares on track for his or her greatest each day efficiency since 2016.
Earnings earlier than curiosity, depreciation, taxes and amortization (EBITDA) rose 26% to $12.13 billion within the full-year stretch and got here in at $3.6 billion within the fourth quarter, exceeding the $3 billion analyst forecast for the three-month interval cited by Reuters.
“We noticed progress throughout all three of our segments. We noticed additionally a reasonably robust worth atmosphere on the again of that progress and a few shortages of capability, so international commerce persevering with to be robust allowed us to ship a really robust quarter,” Maersk CEO Vincent Clerc instructed CNBC’s “Squawk Field Europe” on Thursday.
“At a time of very excessive macroeconomic uncertainties, we had been capable of be sufficiently agile.”
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