A.P. Moller-Maersk (AMKBY) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Shares of Danish shipping giant Maersk, a bellwether for global trade, posted substantial gains on Thursday morning.
Shipping company Maersk said on Thursday that the tariffs announced by U.S. President Donald Trump on Wednesday amount to bad news for the global economy and trade stability.
A.P. Moller Holding currently owns 47% of Svitzer through its APMH Invest subsidiary and is now offering to buy the remaining shares it doesn't already own.
My January update on A.P. Møller - Mærsk coincided with a port strike, impacting the company's short-term and long-term fundamentals. My investment in Maersk since then has yielded over 25% returns, outperforming the S&P 500 by over 30%. Successful strategy: leverage short-term and long-term undervaluation in quality companies essential for global trade and logistics.
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.