AP Moller – Maersk sees double digit increase in Q2 Transport and Logistics revenueAugust 17, 2017: Recovering from the June cyber attack, AP Moller – Maersk has reported strong numbers in Q2, 2017. In Q2, the revenue of AP Moller - Maersk grew by 8.4 percent to $9.6bn year on year, mainly due to higher freight rates in Maersk Line. The underlying profit in Q2 improved from $134m to $389m with Maersk Line contributing with an underlying profit of $327m. Moller - Maersk in Q2 was mainly driven by a profitable Maersk Line due to continued recovery in the container market and focus on restoration of profitability. “Maersk Line is again profitable delivering in line with guidance, with revenue growing by $1bn year-on-year in the second quarter.

Source: The North Africa Journal August 17, 2017 07:07 UTC