Container shipper ZIM Q2 revenue beats on higher freight rates

Zim Integrated Shipping Services

19/08/2026 12:24

Overview
Israel container shipping firm's Q2 revenue up 9% yr/yr, beating analyst expectations
Q2 adjusted EBITDA rose 4% yr/yr, beating analyst expectations
Company expects dividend based on 2026 results, pending Hapag-Lloyd merger subject to approval

Outlook
ZIM sees 2026 adjusted EBITDA between $2.0 bln and $2.4 bln
Company expects 2026 adjusted EBIT between $700 mln and $1.1 bln
ZIM expects to distribute dividends based on 2026 results, subject to board and regulatory approval

Result Drivers
HIGHER FREIGHT RATES - Co said Q2 revenue growth was mainly driven by an 8% yr/yr increase in average freight rate per TEU
INCREASED VOLUME - Carried volume rose 3% yr/yr in Q2, contributing to higher revenue
TRANSPACIFIC POSITION - Co cited its strategic presence in Transpacific trade and agile commercial approach as supporting improved profitability

Company press release: ID:nPn9HWYHsa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$1.80 bln
$1.71 bln (5 Analysts)
Q2 EPS
Beat
$0.53
$0.20 (2 Analysts)
Q2 Net Income
 
$64 mln
 
Q2 Adjusted EBITDA
Beat
$491 mln
$461.54 mln (5 Analysts)

Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 2 "hold" and 2 "sell" or "strong sell"
The average consensus recommendation for the marine freight & logistics peer group is "buy."
Wall Street's median 12-month price target for ZIM Integrated Shipping Services Ltd is $22.85, about 19.8% below its August 18 closing price of $28.49

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)