Tag: EARNINGS Worlds largest shipping firm

World’s biggest transportation firm says demand will ‘fundamentally decrease’ this year
Business

World’s biggest transportation firm says demand will ‘fundamentally decrease’ this year

The organization announced a 25% ascent in second-quarter EBITDA (income before intrigue, expense, deterioration and amortization) to $1.7 billion, overwhelming the $1.575 billion expected by experts. Maersk, frequently observed as a bellwether for worldwide exchange, presently extends 2020 EBITDA of between $6 billion and $7 billion, up from beginning direction of $5.5 billion. Maersk, the […]

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