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Friday, May 23, 2025
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Home Maritime & Ocean News

Maersk records strong Q1 financial results

May 8, 2025
in Maritime & Ocean News
Maersk records strong Q1 financial results
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Danish container carrier Maersk has announced improved financial results for the first quarter of the year, driven by momentum in operational efficiency and a healthy global economy, according to the company’s CEO, Vincent Clerc.

In particular, the shipping giant reported an 8% revenue growth, reaching US$13.32 billion, an increase in EBITDA from US$1.6 billion in 2024 Q1 to US$2.7 billion in 2025 Q1 and a surge in EBIT from US$177 million to US$1.25 billion.

Therefore, Maersk maintains its full-year 2025 guidance of underlying EBITDA of US$6-9 billion, underlying EBIT of US$0-3 billion and free cash flow of at least negative US$3 billion.

The global container market volume growth has been revised to -1% to 4%, given the increased macroeconomic and geopolitical uncertainty, according to the Danish liner operator, which expects to grow in line with the market.

“With trade tensions flaring up and uncertainty on the rise, global supply chains are once again in the spotlight. We are happy to be able to put the full strength of our product offering at our customers’ disposal. From the most reliable Ocean network to one of the best lead logistics and customs support teams, we are pulling every lever to help them make the best decisions for their business. At the same time, we are doubling down on the work underway on automation and cost management to remain fit for what lies ahead. These efforts give us the confidence to deliver a result in line with our guidance communicated in February,” explained the CEO of Maersk, Vincent Clerc.

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