A P Moller Maersk AS (OCSE:MAERSK A)
kr 10770 -100 (-0.92%) Market Cap: 172.25 Bil Enterprise Value: 243.45 Bil PE Ratio: 7.15 PB Ratio: 0.47 GF Score: 78/100

Q1 2021 AP Moeller - Maersk A/S Earnings Call Transcript

May 05, 2021 / 09:00AM GMT
Release Date Price: kr14536.78 (+6.33%)
Soren Skou;ller;MÃ;rsk A;S;CEO
A.P. MÃ;CEO of Transport & Logistics Division, Interim COO and Member of Management Board

¸-¦/- -

Good morning, everyone, and thank you all for listening in to our earnings call for the first quarter of 2021. My name is Søren Skou. I'm the CEO of A.P. Møller - Maersk, and I'm joined here today by Patrick Jany, our CFO.

Now let me start by saying that this quarter -- this is a quarter that I'm quite proud to present. We deliver multiple records. It's the best quarter ever in Ocean. It's the best quarter ever in Logistics. It's the best quarter ever in Terminals, and it's also the best quarter ever in terms of net profit also for A.P. Møller - Maersk and by some margin.

Excluding the quarter, where we sold Maersk Oil, the previous record from -- was from Q2 of 2010. And that result of $1.9 billion, included important contributions from Maersk Oil, Maersk Drilling, Maersk Tankers, Danske Bank and Dansk Supermarked companies that we do not own any longer.

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