Q3 2022 AP Moeller - Maersk A/S Earnings Call Transcript
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Good morning, everybody, and thank you all for joining us today as we discuss our third quarter 2022 results and our outlook for the rest of the year. My name is Soren Skou. I'm the CEO of A.P. Møller - Maersk, and I'm joined today by our CFO, Patrick Jany.
So today, we are pleased to deliver yet another quarter, the 16th in a row, with year-on-year earnings growth. The result this quarter -- results this quarter were up, slightly more than $1 billion on the revenue line and $500 million on the EBIT line compared to the second quarter, our previous record result. On an EBIT basis, this was a record across all the segments, driven by strengths in Ocean contracts and rates as well as continued growth in Logistics and a steady value creation in our Terminals business. We kept up the pace of execution of our integrated strategy with 60% growth in Logistics and closing on our
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