Skou: 2016 was a difficult year
2016 was a difficult year financially, with headwinds in all of A.P. Moller – Maersk’s markets. But Maersk have set a new course, with the aim of growing revenue again, says Maersk Group CEO Søren Skou.
“We delivered an underlying profit of USD 711m, in line with guidance but clearly unsatisfactory. The main driver of the underlying result was a loss in Maersk Line. A.P. Moller - Maersk reported a net loss for the year of USD 1.9bn impacted by impairments totalling USD 2.7bn in Maersk Drilling and Maersk Supply Service as a consequence of significant over-supply and reduced long-term demand expectations.
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