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Maersk bounces back with a hard-earned profitable quarter
May 25, 2019
Source: Energy Voice

Maersk bounces back with a hard-earned profitable quarter

One of the largest conglomerates in the logistics and energy sectors, AP Moller-Maersk has reported a small pre-tax profit of £1.5 million for 1Q2019. The firm also saw a significant jump in revenue from £7,354m in 1Q2018 to £7,534m in 1Q2019. CEO, AP Moller – Maersk said, “In Q1, revenue grew by 2.5%, operating earnings improved by 33% and cash flow from operations doubled to USD 1.5bn.”

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