Skou: Crucial improvement is necessary
CEO of A.P. Møller - Mærsk A/S, Søren Skou is pleased with A.P. Møller - Maersk's results for 2017, but states that there is still room for improvement. He points out the impact of the cyber attack and highlights the growth in revenue.
"The past year was unusual for A.P. Moller - Maersk, characterized by a cyber-attack and operational challenges in a few hubs. We succeeded in growing the revenue by 13%, improving cash flow and increasing underlying profits from a low 2016 base. However, the financial result shows that significant improvements are still needed", says Søren Skou, CEO of A.P. Moller - Maersk.
"On the other hand, when we look at the strategic business transformation progress throughout the year has indeed been satisfactory. We have taken the first steps towards the integration of our container shipping, ports and logistics businesses and our digital transformation is taking shape. At the same time, we have found new owners for part of the energy-related business units", says Søren Skou.
Source: A.P. Møller-Mærsk / Maritime Denmark