Robust third-quarter results sees revenue climb 27 per cent to US$18.1bn and EBITDA grow 75 per cent to US$4.7bn
AP Moller-Maersk has released its results for the third quarter of the year (Q3), with notable growth in revenue and earnings.
Revenue at the logistics giant increased 27 per cent to US$18.1bn, primarily attributed to its Ocean segment, which benefitted from higher freight rates amid continued supply chain disruptions and network congestion.
EBITDA grew by 75 per cent year-on-year to US$4.7bn, while EBIT rose ”significantly” by 155 per cent to US$3.3bn
”We delivered a strong quarter across our businesses,” confirmed Vincent Clerc, chief executive officer at Maersk.
”Despite continued geopolitical uncertainty and disruptions, global trade has remained remarkably resilient.
”Demand is being driven not only by consumer spending, but increasingly by major investments in electrification, energy and the rapid expansion of AI infrastructure, generating significant flows of industrial cargo around the world,” he explained.
”We have been well positioned to capture this demand, with our vessel fleet operating at full capacity and demand exceeding available space on certain routes.
”This reflects both the underlying strength of global trade and the tremendous job our colleagues are doing every day to deliver for our customers,” Clerc added.
Maersk updated its full-year 2026 financial guidance on the back of its Q3 performance and improved visibility for the remainder of the year.
Based on global container market volume growth for the full year 2026 of around 4 per cent, the group said it was raising its underlying EBITDA guidance to US$14bn-14.5bn, with underlying EBIT up to US$8bn-US$8.5bn.
