13 October 2020
A.P. Moller - Maersk upgrades expectations for Q3 and 2020 full year guidance
Based on the preliminary Q3 figures and the current outlook for Q4, A.P. Moller – Maersk changes its full-year guidance for 2020
“A.P. Moller - Maersk is on track to deliver a strong Q3 with solid earnings growth across all our businesses, in particular in Ocean and Logistics & Services. Volumes have rebounded faster than expected, our cost have remained well under control, freight rates have increased due to strong demand and we are growing earnings rapidly in Logistics & Services. The outlook for Q4 is solid for the same reasons, and we are therefore able to upgrade our expectations for the full year.”
News from the A.P. Moller Group
Concentric joins the A.P. Moller Group
We are happy to announce that our offer to acquire Concentric AB, one of the world’s leading pump manufacturers, has been closed.
Transaction to combine Maersk Supply Service and DOF Group closed
With the completion of the agreement, A.P. Moller Holding indirectly holds 25% of the share capital in the combined company.
A.P. Moller Holding launches Vioneo to pioneer fossil-free plastics production
A.P. Moller Holding has launched Vioneo, a new venture dedicated to transforming plastics production. Vioneo will manufacture fossil-free plastic resins and significantly reduce the carbon footprint associated with plastics production.