Positive the third quarterly one of Danish group A.P. Møller-Mærsk



In the third trimester of this year the revenues of shipowning group Danish A.P. Møller-Mærsk has turned out almost stable being piled to 10,05 billion dollars, in light decrease of the -0,9% on the same period of 2018, with a positive contribution from the division that take care of logistics and shipments that a turnover of 1,62 billion dollars (+2.6% has recorded) and from the division that groups the terminalistiche activities and of harbor tug that has totaled revenues pairs to 986 million dollars (+5.8%) and with a contribution of sign negative from the division of containerized marine transport, that it constitutes Core business of the group and has obtained revenues pairs to 6,37 billion dollars (- 0.9%), and givethe division that takes care mainly of the container production that has concluded third trimester 2019 with revenues pairs to 553 million dollars (- 22.7%).

In the period July-september of this year the EBITDA of the group has been attested to 1,66 billion dollars (+13.7%), with a positive contribution by all the fields of activity, with the division of containerized marine transport that has recorded a Gross Operating Margin of 1,27 billion dollars (+12.6%), with a contribution of 94 million dollars by that of logistics and shipments (+34.3%), of 313 million from the division of terminalistici services and towing (+23.2%) and 64 million dollars from the division of production of containers (+88.2%).

A.P. Møller-Mærsk has archived item the third trimester of 2019 with an operating profit of 737 million dollars (+1,128, 3%), with a profit before the taxes of 589 million dollars respect to a result before taxes of sign negative for -110 million in the third trimester of 2018 and with a profit clearly of 520 million dollars, in increase of +48.6% on 350 million dollars of the third trimester last year, it number this last one that benefitted of extraordinary proceeds pairs to 569 million dollars deriving from the recording of the activities of Maersk Oil, Maersk Tankers, Maersk Drilling and Maersk Supply Service as carried out operating activity stopped by A.P. Møller-Mærsk with the scope to find structural solutions to the energetic field of the group.

"If, as waited for, in the third trimester the total question of containerized transport it has been inferior because of the weakening of the increase of the total economy - the managing director of the Danish group has commented, Søren Skou - A.P. Møller-Mærsk has continued to improve the operating result. We have generated a consisting cash flow and have rewarded the invested capitals in the measure of 6.4% thanks to the remarkable operating performances of the Ocean division, to margins more elevated in that greater Terminals and to gain in the division Logistics & Services".

In the third trimester of this year the fleet of portacontainer of the shipowning group, than on 30 September had a consistency of 703 ships (- 2.8% on on September 30, 2018) for a cargo ability of 4,18 million container from 20 ' (teu) (+3.6%), has transported containerized cargos pairs to 3,40 million container from 40 ' (feu), with a progression of +2.1% on the correspondent period of 2018. The transported medium hire for feu has been pairs to 1.859 dollars (- 3.6%), the fuel consumption used from the ships have been pairs to 2,80 million tons (- 3.8%) and the average price of the acquired bunker has turned out of 399 dollars/ton (- 11.7%). Al 30 last September the fleet of property of the group was constituted by 307 portacontenitori (+3.0%) and that rental from 396 ships (- 6.8%).

In the first nine months of the 2019 revenues of the group they have been attested to 29,22 billion dollars, with an increase of +0.7% on the same period last year. The EBITDA has been of 4,25 billion dollars (+19.7%), the EBIT of 1,38 billion (+947.7%) and the profit clearly of 17 million dollars, down of the -99,4% regarding 2,99 billion dollars in the period January-september of 2018.

In the first nine months of this year the Ocean division has recorded revenues pairs to 18,72 billion dollars (+0.8%) and an EBITDA of 3,26 billion dollars (+23.9%), the division Logistics & Services revenues pairs to 4,55 billion (+0.6%) and an EBITDA of 206 million dollars (+23.4%), the division Terminals & Towage revenues pairs to 2,93 billion dollars (+9.1%) and an EBITDA of 806 million (+11.3%) and the division Manufacturing & Other revenues pairs to 1,57 billion (- 24.7%) and an EBITDA of 34 million dollars (+5.2%).

In the first nine months of the 2019 fleet of portacontainer he has transported cargos for a total of 10,00 million feu (+0.5%) and the medium hire for transported container has been of 1.876 dollars/feu (+0.5%).