A P Moller Maersk AS (WBO:MRSA)
€ 1609 25 (1.58%) Market Cap: 25.90 Bil Enterprise Value: 35.71 Bil PE Ratio: 7.96 PB Ratio: 0.53 GF Score: 78/100

Q4 2022 AP Moeller - Maersk A/S Earnings Call Transcript

Feb 08, 2023 / 10:00AM GMT
Release Date Price: €2001.59 (+0.77%)
Vincent Clerc;ller;MÃ;rsk A;S;Executive VP
A.P. MÃ;CEO, Member of Management Board and CEO of Ocean & Logistics

¸-¦/- -

Good morning, everyone and thank you for joining us today, as we present the 2022 Full-Year and Fourth Quarter Results and an outlook for 2023. My name is Vincent Clerc, I'm the CEO of A.P. Moller Maersk and I'm joined today by our CFO, Patrick Jany. We can move past those. As I take the helm from Soren Skou, I'm thrilled to deliver a record financial year in all aspects. Last February, Soren looked back on a record financial performance in 2021 and yet 2022 full-year revenues of USD 81.5 billion and EBITDA of USD 36.8 billion, topped the previous year's by 32% and 53% respectively.

Each segment contributed to this record result right across the board. We delivered precisely on the guidance that we set after Q2 2022 despite the fact that just after we gave that guidance, ocean freights and volumes tumbled as lower consumer demand and inventory corrections set in.

We also

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot