A P Moller Maersk AS (WBO:MRSA)
€ 1548 0 (0%) Market Cap: 24.97 Bil Enterprise Value: 34.74 Bil PE Ratio: 7.92 PB Ratio: 0.52 GF Score: 77/100

Q3 2024 AP Moeller - Maersk A/S Earnings Call Transcript

Oct 31, 2024 / 10:00AM GMT
Release Date Price: €1392 (+7.08%)
Vincent Clerc;S;Chief Executive Officer
AP Moeller - Maersk A;Member of the Executive Board

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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. I'm the CEO of A.P. Moller - Maersk. And with me today in the room is our CFO, Patrick Jany.

As usual, we start with the highlights from the quarter just passed. The third quarter marked another uptick in performance on the previous two quarters of 2024. We saw strong business performance with good progress, both financially and operationally across all three main business segments.

Overall, we closed our books this quarter with an EBITDA and EBIT of $4.8 billion and $3.3 billion, respectively. On a year-to-date basis, this puts us more or less on the same level as last year with a year-to-date EBIT of $4.4 billion compared to $4.5 billion in 2023. Compared to last year, however, we, of course, find ourselves in very different circumstances and look into a very different final quarter for the year.

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