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MAERSK A AP Moeller - Maersk A/S News Story

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Brief: Maersk Q1 EBIT $340 Million

May 7 (Reuters) - AP Moeller - Maersk A/S MAERSKb.CO:

MAINTAINS ITS FULL-YEAR 2026 FINANCIAL GUIDANCE

OCEAN’S RESULTS WERE MOSTLY IMPACTED BY CONTINUED PRESSURE FROM LOWER LOADED FREIGHT RATES BY 14%, LEADING TO EBIT OF NEGATIVE USD 192 MILLION

LOGISTICS  SERVICES’ BUSINESS PERFORMANCE CONTINUED TO IMPROVE WITH REVENUE UP BY 8.7% AND EBIT UP BY 22%, REACHING AN EBIT MARGIN OF 4.6%

FREE CASH FLOW OF NEGATIVE USD 874M (POSITIVE USD 806M) DECLINED DUE TO LOWER CASH FLOW FROM OPERATING ACTIVITIES

Q1 REVENUE $12,970 MILLION

Q1 EBITDA $1,753 MILLION

Q1 EBIT $340 MILLION

MIDDLE EAST CONFLICT HAD LIMITED IMPACT ON THE QUARTER'S REALISED FINANCIAL RESULTS

MIDDLE EAST ONFLICT REPRESENTS ANOTHER WAKE-UP CALL TO DEPLOY NEW TOOLS TO MAKE SUPPLY CHAINS MORE RESILIENT

MIDDLE EAST ONFLICT REPRESENTS ANOTHER WAKE-UP CALL TO DEVELOP NEW STRATEGIES TO MITIGATE FUTURE DISRUPTION

OCEAN: VOLUMES INCREASED BY 9.3%, DRIVEN BY ASIAN EXPORTS; HOWEVER, 14% DECLINE IN THE AVERAGE LOADED FREIGHT RATE

Source text: ID:nGNE5fFcYN

Further company coverage: [MAERSKb.CO]

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 772 0920;))

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