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A.P. Møller - Mærsk upgrades its full year EBITDA guidance for 2020

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A.P. Møller - Mærsk upgrades its full year EBITDA guidance for 2020

November 17, 2020 - 11:47
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COPENHAGEN, Denmark, Nov. 17, 2020 (Press Release) -Based on the preliminary financial figures for October and the increased momentum in the fourth quarter in global container volumes and freight rates in its Ocean business, A.P. Møller - Mærsk A/S (APMM) now expects a full year 2020 EBITDA before restructuring and integration costs in the range of USD 8.0-8.5bn (previously USD 7.5-8.0bn).

APMM will publish its full Q3 interim result on 18 November 2020.

The trading conditions and the outlook remain subject to a higher than normal volatility given the disruptions caused or potentially being caused by COVID-19.