In the context of the lack of ships in the shipping market and the soaring freight rates, the world’s largest shipping company Maersk raised its full-year performance forecast for the third time, and its profit is expected to increase by about 4 billion U.S. dollars, which is an increase from the figure expected at the beginning of the year. Times more.

On September 16, AP Moeller-Maersk issued an announcement that in the first two months of the third quarter of 2021, Maersk expects to be driven by factors such as special market conditions, congestion, supply chain bottlenecks, and long-term and short-term increases in freight rates. Performance in the second half of the year will be higher than previously expected, so the third quarter and full-year performance expectations of 2021 have been raised.

It is estimated that the actual earnings before interest, taxes, depreciation and amortization (underlying EBITDA) in the third quarter will be US$7 billion, and the actual earnings before interest and tax (underlying EBIT) will be US$6 billion. It is estimated that the actual profit before interest, tax, depreciation and amortization for the full year of 2021 will be 22-23 billion U.S. dollars (estimated at 18-19.95 billion U.S. dollars in August), and actual EBIT will be 18-19 billion U.S. dollars (estimated in August 14-15 billion U.S. dollars).

The full year of 2021 free cash flow (Free Cash Flow) is expected to be at least 14.5 billion U.S. dollars (11.5 billion U.S. dollars in August), and the cumulative capital expenditure for 2021-2022 is still around 7 billion U.S. dollars.

However, Maersk said that due to potential changes in the current demand pattern, the supply chain will still have an impact on the market trend, and performance expectations may still fluctuate above normal levels.

In April of this year, based on the performance of the first quarter and the optimistic view of the market situation for the whole year, Maersk announced an increase in its full-year performance forecast, raising the actual profit before interest, tax, depreciation and amortization to 130 from the US$8.5-100.5 billion at the beginning of the year. -15 billion U.S. dollars, the actual pre-interest and tax profit estimate is raised from 4.3-6.3 billion U.S. dollars to 9.0-11 billion U.S. dollars, and the free cash flow estimate is raised from 3.5 billion U.S. dollars to 7 billion U.S. dollars.





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