Maersk posts Q1 profits above expectations, lifts lower end of FY guidance range
Shipping group A.P. Moller-Maersk on Thursday reported first-quarter earnings above expectations and lifted the lower end of its full-year profit guidance range.
Maersk said it now expects underlying earnings before interest, taxation, depreciation and amortisation (EBITDA) this year between $4 billion and $6 billion, compared with its previous guidance between $1 billion and $6 billion.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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