Maersk raises profit outlook on strong market
ReutersOct 21, 2024 3:50 PM
OSLO (Reuters) -Danish shipping group A.P. Moller-Maersk said on Monday it had raised its full-year profit, revenue and cash flow forecasts on the back of strong third quarter results, strong demand and the continuation of the Red Sea shipping disruption.
Maersk said it had revised its outlook for global container market volume growth in 2024 to around 6% from a range of between 4% to 6% seen previously.
(Reporting by Terje Solsvik, editing by Louise Rasmussen)
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