
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.”