Brief: ZIM Reports Fourth Quarter Results

Zim Integrated Shipping Services

13/03/2023 11:24

March 13 (Reuters) - Zim Integrated Shipping Services Ltd
 2SV.F :
    * ZIM REPORTS FINANCIAL RESULTS FOR THE FOURTH QUARTER AND
FULL
YEAR OF 2022
    * Q4 REVENUE FELL 37 PERCENT TO $2.19 BILLION
    * FOR 2023 EXPECT TO GENERATE ADJUSTED EBITDA OF $1.8-$2.2
BILLION
AND ADJUSTED EBIT OF $100-$500 MILLION
    * ZIM INTEGRATED SHIPPING SERVICES - NET INCOME FOR Q4 WAS
$417
MILLION COMPARED TO $1.71 BILLION IN Q4 OF 2021
    * Q4 EARNINGS PER SHARE $3.44
    * Q4 EARNINGS PER SHARE VIEW $3.05, REVENUE VIEW $2.11
BILLION --
REFINITIV IBES DATA

Source text for Eikon:  ID:nPn3NzzLsa 
Further company coverage:  2SV.F