Global demand pushes Maersk to raise 2025 profit projections

MG News | August 07, 2025 at 03:01 PM GMT+05:00
August 7, 2025 (MLN): Danish shipping giant Maersk raised its 2025 earnings outlook on Thursday, owing to robust demand outside the United States amid President Donald Trump's tariff onslaught.
Maersk said it was now projecting a core profit of between $8 billion and
$9.5bn for the year, compared with the previously announced range of $6bn to $9bn.
"Even with market volatility and historical uncertainty in global
trade, demand remained resilient, and we've continued to respond with speed and
flexibility," Maersk chief executive Vincent Clerc said in an earnings
statement.
At the same time, the shipping giant cautioned that "the outlook for
global container demand over the remainder of the year remains uncertain,
shaped by a rapidly evolving tariff landscape and high policy uncertainty in
the US."
"Unless new major shocks occur, global demand growth is expected to
range between two percent and four percent for the full year," Maersk
said.
Maersk reported a 26.5% drop in its second-quarter net profit to $586
million.
The company's earnings before interest, taxes, depreciation and amortisation
(EBITDA) rose to $2.3bn, up from $2.1bn a year earlier.
Revenue rose by three percent to $13.1bn.
"Our new East-West network is raising the bar on reliability and
setting new industry standards. It has been a key driver of increased volumes
and solid delivery of our Ocean business," Clerc said.
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