Maersk Group Delivers Profits

In response to challenging supply-demand imbalances, the Maersk Group continues to execute on factors that are within its control by reducing cost and delivering high operational performance. The Group delivered a profit of $1.1 billion negatively impacted by the average container freight rates and oil price. The return on invested capital (ROIC) was 2.0% (10.2%). The underlying profit for the Group was significantly lower than for the same period last year for ... [+]

Maersk Group Adjusts 2015 Expectations

As a consequence of the deteriorated market, the Maersk Group has adjusted its expectation for the 2015 result from an underlying result around $4.0 billion to $3.4 billion. The previous expectation, as announced in the Q2 report, was based on an underlying result contribution from Maersk Line above $2.2 billion. The ... [+]

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