Maersk North America President Charles van der Steene speaks with Worldwide Exchange Anchor Frank Holland about the impact of tariffs on global trade and the global supply chain.
A.P. Moller - Maersk AS (OTCPK:AMKBY) Q4 2024 Earnings Call Transcript February 6, 2025 5:00 AM ET Company Participants Vincent Clerc - Chief Executive Officer Patrick Jany - Chief Financial Officer Conference Call Participants Alexia Dogani - J.P. Morgan Dan Togo Jensen - Carnegie Robert Joynson - BNP Paribas Exane Omar Nokta - Jefferies Lars Heindorff - Nordea Alex Irving - Bernstein Ulrik Bak - SEB Parash Jain - HSBC Jacob Lacks - Wolfe Research Muneeba Kayani - Bank of America Vincent Clerc Welcome everyone, and thank you for joining us for this earnings call today as we present our Fourth Quarter and Full Year Results for 2024.
Maersk CEO Vincent Clerc discusses the market conditions that fueled the shipping giant's fourth-quarter performance in the face of global uncertainty.
"At a time of very high microeconomic uncertainties, we were able to be sufficiently agile," Maersk CEO Vincent Clerc told CNBC's "Squawk Box Europe."
I maintain a "Buy" rating for A.P. Moller Maersk with a target price of 13,500 DKK/share, viewing it as a long-term investment. The recent resolution of the dockworker strike stabilizes shipping rates, reducing near-term risks and supporting Maersk's growth outlook. Maersk's 3Q24 results show strong profitability and increased guidance, with significant revenue, EBITDA, and profit growth across all segments.
A.P. Moller-Maersk (AMKBY) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Denmark-based logistics giant Maersk unveiled its latest dual-fuel methanol vessel in Singapore, as the shipping industry ramps up decarbonization efforts.
Ditlev Blicher, Asia-Pacific president at Maersk, discusses decarbonization in global shipping from a naming ceremony in Singapore for the company's latest "dual-fuel methanol vessel."
The newly named A.P. Møller is a 350-meter-long ship that adds to a growing fleet of Maersk vessels that are able to run on methanol as well as traditional marine fuels.
A.P. Moller-Maersk (AMKBY) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, AMKBY's 50-day simple moving average broke out above its 200-day moving average; this is known as a "golden cross.
A.P. Møller - Mærsk A/S (OTCPK:AMKBY) Q3 2024 Earnings Conference Call October 31, 2024 6:00 AM ET Company Participants Vincent Clerc - Chief Executive Officer Patrick Jany - Chief Financial Officer Conference Call Participants Alex Irving - Bernstein Dan Togo Jensen - Carnegie Cedar Ekblom - Morgan Stanley Robert Joynson - BNP Paribas Lars Heindorff - Nordea Omar Nokta - Jefferies Ulrik Bak - SEB Cristian Nedelcu - UBS Jacob Lacks - Wolfe Research Muneeba Kayani - Bank of America Sathish Sivakumar - Citi Petter Haugen - ABG Sundal Collier Marco Limite - Barclays Vincent Clerc 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.
A.P. Moller-Maersk (AMKBY) came out with quarterly earnings of $0.99 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.15 per share a year ago.