Decided rise of the quarterly economic results of Maersk Line



In the third trimester of this year the revenues of shipowning group Danish A.P. Møller-Mærsk has grown of +13.8% going up to 8,05 billion dollars regarding 7,07 billion dollars in the period July-september of 2016. Draft of rectified figures in order to take into consideration the recent separation of the activities in the energetic field from those of the group centralized on the transport and the logistics, separation that the registration has determined which activities dismesse of the divisions Maersk Drilling, Maersk Oil and Maersk Tankers, with last the two yielded respective to the oil company Total and the A.P. Moller Holding(on 21 August, 20 september and 10 October 2017).

In the third trimester of 2017 the EBITDA of the group has turned out of 978 million dollars (+50.5%). The operating result has marked a bending of the -94,4% about attesting itself to four million dollars. A.P. Møller-Mærsk has closed the period with a net loss of -1,54 billion dollars (included a net loss of -1,42 billion dollars generated from the activities dismesse) respect to a profit clearly of 438 million dollars (included a profit clearly of 468 million from the activities dismesse) in the third trimester last year.

In single Core business of the containerized marine transport, the company of navigation Maersk Line, than work the 668 portacontainer of the fleet of the group (of which 285 of property), it has recorded revenues pairs to 6,13 billion dollars, with an increment of +14.4% regarding 5,36 billion dollars in the third trimester of 2016. The Gross Operating Margin has turned out of 755 million dollars (+132.3%). Operating result and economic result clearly have been both of positive sign and pairs respective to 263 million and 220 million dollars against sign results both negative for -153 million and -116 million dollars in the quarter July-september last year.

In the third trimester of the 2017 fleet of Maersk Line it has transported containerized cargo volumes pairs to beyond 2,6 million container from 40 ' (feu), with a reduction of the -2% on the same period of 2016. On the routes East-West the transported total has been pairs to 946 thousand feu (- 2%), on the routes north-south to 1,3 million feu (- 4%) and on those intra-regional ones to 399 thousand feu (+1%). The medium hire for container feu has turned out of 2.063 dollars (+14%), with for services East-West a medium hire of 2.186 dollars/feu (+20%), of 2.211 dollars/feu for services north-south (+14%) and of 1.361 dollars/feu for those intra-regional (+7%). In the quarter the average price of the fuel has been pairs to 307 dollars/ton (+26%).

If in the third trimester of this year, so as in the quarter precedence, Maersk Line it has recorded clearly improvement of the economic performances although I quickly attack it computer science from the it system of the company that have caused to an impact financial negative in the months of slid July and August estimated pairs to 250-300 million dollars(on 28 June 2017), on the contrary Dutch APM Terminals, the terminalista society of the group, has continued in the trend negative in existence consecutively from seven trimesters, of which last the two archived item ones in loss. The revenues of the terminalista society are piled to 1,02 billion dollars, with a decrease of the -3,6% on the third trimester of 2016. The EBITDA has been pairs to 178 million dollars (- 10.6%). Operating result and result clearly have been both of sign negative and pairs respective to -243 million and -267 million dollars against results of positive sign for 171 million and 131 million dollars in the third trimester last year.

In the quarter July-september of the 2017 managed harbour terminal from APM Terminals they have enlivened a containerized trade pairs to 10,2 million container from 20 ' (teu), with an increase of +7.4% on the correspondent period last year.

In the first nine months of the 2017 revenues of group A.P. Møller-Mærsk has been attested altogether to 22,95 billion dollars, with an increase of +12.0% on the period January-september last year (figures to clearly of the activities stopped). The EBITDA has turned out pairs to 2,69 billion dollars (+36.5%) and the EBIT to 322 million dollars (+61.0%). The Danish group has closed the period with a net loss of -1,55 billion dollars (of which -1,27 billion from the activities stopped) respect to a profit clearly of 780 million dollars (with a profit of 1,02 billion from the activities stopped) in the first nine months of 2016.

The single Maersk Line in the first nine months of this year, period in which the fleet has transported cargos pairs than more 7,9 million feu (+3%), has recorded revenues pairs to 17,72 billion dollars (+15.1%) and an EBITDA of 2,05 billion dollars (+74.3%). Of positive sign 597 million dollars are the operating result () that the result clearly (493 million dollars) regarding results of sign negative for -260 million and -230 million dollars in the first nine months of 2016.

In the first nine months of the 2017 terminal of APM Terminals they have enlivened a containerized trade pairs to 29,4 million teu (+6%). The society has totaled revenues pairs to 3,02 billion dollars (- 2.2%) and an EBITDA of 494 million dollars (- 10.2%). EBIT and economic result clearly have been both of sign negative and pairs to -249 million and -276 million dollars regarding results of positive sign for 435 million and 351 million dollars in the first nine months last year.

Today while A.P. Møller-Mærsk has announced to have agreed the remaining cession of quota pairs to 19% of the capital of the Dansk Supermarked in its possession having tightened an agreement in order to sell also the residual participation to society of the Salling family, transaction that will be put into effect second the forecasts within the end of this year concluding therefore the escape from the field of the great decided organized distribution in 2014(on 7 January 2014).