Q3 2024 AP Moeller - Maersk A/S Earnings Call Transcript

Author's Avatar
Oct 31, 2024

Oct 31, 2024 / 10:00AM GMT
Vincent Clerc - AP Moeller - Maersk A/S-Chief Executive Officer - Member of the Executive Board

Welcome, everyone, and thank you for joining us for this earnings call today as we present our third-quarter results for 2024. My name is Vincent Clerc. I'm the CEO of A.P. Moller - Maersk. And with me today in the room is our CFO, Patrick Jany.

As usual, we start with the highlights from the quarter just passed. The third quarter marked another uptick in performance on the previous two quarters of 2024. We saw strong business performance with good progress, both financially and operationally across all three main business segments.

Overall, we closed our books this quarter with an EBITDA and EBIT of $4.8 billion and $3.3 billion, respectively. On a year-to-date basis, this puts us more or less on the same level as last year with a year-to-date EBIT of $4.4 billion compared to $4.5 billion in 2023. Compared to last year, however, we, of course, find ourselves in very different circumstances and look into a very different final quarter for the year.

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot