A P Moller Maersk AS (OTCPK:AMKAF)
$ 1500 -7.65 (-0.51%) Market Cap: 24.75 Bil Enterprise Value: 35.24 Bil PE Ratio: 6.47 PB Ratio: 0.47 GF Score: 32/100

AP Moeller - Maersk A/S Annual Shareholders Meeting Transcript

Mar 23, 2020 / 09:00AM GMT
Release Date Price: $653.86 (-13.38%)
Jim Hagemann Snabe;ller;MÃ;rsk A;S;Independent Chairman
A.P. MÃ

¸-¦/-

Dear shareholders, as Chairman of the Board of Directors, I would like to warmly welcome you to the Ordinary Annual General Meeting for A.P. Møller - Mærsk A/S. Our AGM is taking place in an extraordinary health crisis, which affects us all.

The reason why we've decided to have the AGM, in spite of the crisis, is that we want to signal that it is important that we keep the wheels turning and find new ways of working together during these difficult times. Trading goods creates growth, wealth and improved living conditions all over the world, and the total Transport & Logistics sector makes up the COGS that make everything work.

About 80% of world trade is transported in containers. So as the largest container transport company in the world, we play a significant role in ensuring that there's food on the shelves in the supermarkets and medicines in the pharmacies.

During this crisis, where many things are closing down, it is

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