A.P. Moller - Maersk reports uplift in earnings and strong cash flow in Q1
date:May 28, 2019
creased to USD 6.9bn despite lower volumes which declined 2.2%, impacted by the frontloading seen on the Pacific trades in Q4 2018 and weak demand on Latin America and Oceania trades.
Looking at terminal profitability, the opening of the Moin terminal, Costa Rica and positive underlying volume growth in gateway terminals had a positive impact on terminal profitability in Q1. Terminals Towage reported an increase in revenue to USD 991m from USD 911m and in EBITDA to USD 267m from USD 244m compar
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