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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.”
Søren Skou, CEO of A.P. Moller - Maersk

News from the A.P. Moller Group

Letter from the CEO

In connection with the publication of A.P. Moller Holding’s Annual Report 2025, our CEO, Robert M. Uggla shares his reflections on last year’s activities and highlights from across the A.P. Moller Group.

Annual Report 2025

A.P. Moller Holding delivered satisfactory results in 2025

A.P. Moller Holding leads the $60 million Series C equity financing in Upway

Upway is a leading e-commerce platform for buying refurbished e-bikes, driving the transition to sustainable urban mobility.

“We are excited to support Upway on its journey to revolutionize the global market for refurbished e-bikes. Upway’s ability to industrialize second-hand e-bike refurbishment and deliver the highest level of customer trust globally truly sets them apart. Today’s investment also reflects our confidence in Upway’s sustainable and scalable business model that aligns with our commitment to sustainable, long-term growth,” said Chetan Mehta, Head of Growth Equity at A.P. Moller Holding.