Klik venligst
danmarks-rederiforening.gif

Maersk deficit of 1.9bn dollar in 2016

Maersk deficit of 1.9bn dollar in 2016

08-02-2017 08:15:00


A.P. Moller - Maersk delivered an loss of 1.9bn dollar in 2016, compared to a profit of 925m dollar in 2015. The result was negatively impacted by impairments in 2016 of 2.7bn dollar in Maersk Supply Service and in Maersk Drilling.

 
The post-tax impairments is primarily relating to Maersk Drilling of 1.4bn dollar and Maersk Supply Service of 1.2bn dollar.

The underlying profit of 711m dollar was in line with the earlier guidance. Compared to last year, the reduction in the underlying result was due to losses in Maersk Line and Maersk Supply Service and with lower underlying results in APM Terminals, Maersk Tankers and Svitzer, while Maersk Oil, Maersk Drilling and Damco recorded increased underlying profits.

Revenue decreased to 35.5bn dollar, compared to 40.3bn dollar in 2015, across all eight businesses, predominantly due to lower average container freight rates and lower oil price. Operating expenses decreased by 2.6bn dollar mainly due to lower bunker prices and focus on cost efficiency across all businesses.

For 2017, A.P. Moller - Maersk expect to deliver an underlying profit above 2016, with an improvement in underlying profit, of more than 1bn dollar in Maersk Line compared to 2016.

Source: A.P. Moller - Maersk


Klik venligst

< Front page

Copyright © Maritime Denmark



Breaking News

- Offshore shipping important for rural areas
- Express 3 is soon headed towards Denmark
- A2SEA sells Sea Power to Karpoweship
- Two new ferries with autopilot underway
- Get ready for the Ballast Water Convention
- Global standard for e-Navigation on the way
- Bladt Industries continued success in 2016
- Growth recommendations up for debate
- Danish standard ferry is underway
- Ten mayors demand DIS expansion
- Esvagt introduces new anti-corruption rules
- Nominees ready for Offshore Safety Award


Todays Top 5



This weeks Top 10

- Molslinjen's Express 4 is put into production
- Offshore shipping important for rural areas
- 2016 was a good year for Grenaa Harbor
- Danish Wind Alliance seeks US partnerships
- Lars Thrane is back with new product
- Fire blocks parts of Aarhus Harbor
- DONG Energy: Oil and gas is sold this year
- Fire at Aarhus Harbor has been extinguished
Klik venligst
Klik venligst
Klik venligst