Zim jumps after raising FY26 forecast
BUZZ-Zim jumps after raising FY26 forecast **US-listed shares of Israeli marine fleet and logistics company Zim Integrated Shipping Services ZIM.N rise 4.4% to $30.49 premarket
** ZIM raises FY26 adj. EBITDA forecast to $2.7 bln-$3.0 bln vs analyst estimate of $2.6 bln and co's previous guidance of $2 bln to $2.4 bln
** Co raises FY26 adj. EBIT forecast to $1.4 bln-$1.7 bln from prior range of $700 mln to $1.1 bln
** Midpoint of updated forecast figures imply a 30% higher adjusted EBITDA and a 72% higher adjusted EBIT than previous forecast
** As of last close, ZIM up 37.54% YTD
(Reporting by Jayasree Prabhu in Bengaluru)
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