In the third trimester the trend is continued negative of the results of shipowning group A.P. Møller-Mærsk



The results of the field of the container, and to a lesser degree those generated from other asset that does not constitute Core business of the group, have had an impact negative on the budget of the third trimester of this year of shipowning group Danish A.P. Møller-Mærsk that has closed altogether the period with a profit of clearly 1,92 billion Danish crowns (371 million dollars) on revenues for 80,79 billion Danish crowns, with bendings respective of 80% and 1% regarding 9,62 billion and 81,24 billion Danish crowns in the period July-september of 2010. The EBITDA and the EBIT are diminished respective of 27% and 35% to 17,83 billion and 11,00 billion Danish crowns.

In the first nine months of the 2011 group it has totaled a profit of clearly 16,46 billion Danish crowns, down of 31% regarding the correspondent period last year. The revenues are increased of 2% to 240,02 billion Danish crowns, while the EBITDA is diminished of 10% to 61,49 billion Danish crowns and the EBIT is dropped of 4% to 45,60 billion Danish crowns.

The field of the containerized marine transport, in which the Danish group he is world leader with a fleet of portacontainer of the ability pairs to beyond 2,5 million container teu (to which an ability to beyond 500 thousand teu of ships in order joins), last year has archived item the third trimester of the 2011 with a net loss of 1,58 billion Danish crowns on revenues for 38,12 billion Danish crowns respect to a profit of clearly 5,90 billion Danish crowns on revenues for 39,97 billion Danish crowns in the correspondent period. The EBITDA is positive for 987 million (- 89%), while the EBIT is negative for 1,18 billion Danish crowns respect to a profit of 6,65 billion Danish crowns in the third trimester of 2010.

Such decided worsening of the results of the division of the line transport has happened against an emphasized increase of the transported volumes. In the period July-september of this year the fleet of portacontainer of the group, in fact, has enlivened altogether 2,1 million container from 40 ' (feu), with an increase of 16% regarding 1,8 million feu in the third trimester of 2010. This progression is made useless by the effect negative of the bending of the hires: in the third trimester of this year the medium hire for feu has been pairs to 2.860 dollars, with a decrease of 12% regarding 3.251 dollars in the same period of 2010.

In the third trimester of the 2011 terminalistico field, in which the group work through branch APM Terminals, it has enlivened a traffic pairs to 8,6 million container from 20 ' (teu), with an increment of 11% regarding 7,8 million teu in the same period last year. Such activity has generated revenues for 6,35 billion Danish crowns (+5%), an EBITDA of 1,48 billion Danish crowns (+7%), a EBIT of 1,13 billion Danish crowns (+9%) and a profit of clearly 922 million Danish crowns (+12%).

The Oil division & Gas of the group has closed the third trimester of this year with a profit of clearly 1,78 billion Danish crowns on revenues for 15,86 billion Danish crowns respect to a profit of clearly 2,49 billion Danish crowns on revenues for 13,44 billion Danish crowns in the same period of 2010. EBITDA and EBIT have recorded increments of 9% and 21% to 11,90 billion and 9,03 billion Danish crowns.

In the third trimester of this year the Tanker division, Offshore and marine activities correlated have totaled a profit of clearly 1,46 billion Danish crowns on revenues for 8,12 billion Danish crowns, with increments of 107% and 5% on the same period of 2010. The EBITDA is piled to 2,83 billion Danish crowns (+10%) and the EBIT to 1,71 billion Danish crowns (+78%).

Group A.P. Møller-Mærsk previews to conclude the entire exercise anniversary 2011 with an inferior result to that of the exercise precedence to which they will contribute to a wait loss in the section of the line transport, a profit clearly in the field Oil & Gas recorded equivalent to that in 2010 and the results of advanced value regarding the slid exercise anniversary generated from the divisions Terminal, Tankers & Offshore and from other asset of the group.