Annuncio • May 06
Sakal Group and others proposed to acquire ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) for $4.5 billion. Sakal Group and others proposed to acquire ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) for $4.5 billion on May 5, 2026. A cash consideration of $37.5 per share will be paid by the buyers and pledged to pay a $250 million bonus to ZIM employees and committed to maintaining the company’s fleet of 145 vessels with its operational headquarters remaining fully under Israeli control. In a related transaction, Hapag-Lloyd Aktiengesellschaft (XTRA:HLAG) proposed to acquire ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) for approximately $4.2 billion at $35 per share. Annuncio • Apr 29
ZIM Integrated Shipping Services Ltd. to Report Q1, 2026 Results on May 20, 2026 ZIM Integrated Shipping Services Ltd. announced that they will report Q1, 2026 results Pre-Market on May 20, 2026 Annuncio • Mar 10
ZIM Integrated Shipping Services Ltd. Declares Regular Cash Dividend for the Fourth Quarter Ended December 31, 2025, Payable on March 26, 2026 ZIM Integrated Shipping Services Ltd. Board of Directors declared a regular cash dividend of approximately $106 million, or $0.88 per ordinary share for the fourth quarter ended December 31, 2025. Together with prior dividend distributions made in respect to the year of 2025, dividend distributions for the year will total $240 million, or $1.99 per ordinary share, reflecting approximately 50% of 2025 net income. The dividend will be paid on March 26, 2026, to holders of record of ordinary ZIM shares as of March 20, 2026. Annuncio • Mar 03
ZIM Integrated Shipping Services Ltd. to Report Q4, 2025 Results on Mar 09, 2026 ZIM Integrated Shipping Services Ltd. announced that they will report Q4, 2025 results Pre-Market on Mar 09, 2026 Annuncio • Feb 16
Hapag-Lloyd Aktiengesellschaft (XTRA:HLAG) and First Israel Mezzanine Investors Ltd. (PIMI) proposed to acquire ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) for approximately $3.5 billion. Hapag-Lloyd Aktiengesellschaft (XTRA:HLAG) and First Israel Mezzanine Investors Ltd. (PIMI) proposed to acquire ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) for approximately $3.5 billion on February 15, 2026. A cash consideration of $3.5 billion will be paid by Hapag-Lloyd Aktiengesellschaft and First Israel Mezzanine Investors Ltd. As part of consideration, $3.5 billion is paid towards common equity of ZIM Integrated Shipping Services Ltd. The proposed deal value is significantly exceeding ZIM's current market value by approximately $800 million. Hapag-Lloyd was declared the winner of the bid to acquire ZIM, along with the Israeli investment fund PIMI. As part of the transaction, Hapag-Lloyd acquires ZIM's international business, global trade routes and international infrastructure; PIMI retains control over ZIM's critical Israeli operations, including the fleet of 16 Israeli-flagged vessels, key shipping routes to and from Israel, and computer control systems; and The fund will also be responsible for complying with regulatory requirements of the Israeli Ministry of Transport and Ministry of Defense, such as maintaining a minimum number of vessels in ownership.
The required approvals of the transaction by the Management Board and the Supervisory Board of the Company, as well as by the competent corporate bodies of the contractual counterparties have not yet been granted. Furthermore, the consent of the State of Israel based on its special rights set forth in the articles of association of ZIM is required. The completion of the transaction would require additional regulatory approvals and the consent of the shareholders’ meeting of ZIM. Annuncio • Jan 06
ZIM Integrated Shipping Services Ltd. Elects Ron Hadassi and Ran Gritzerstein to the Board of Directors ZIM Integrated Shipping Services Ltd. approved election of Ron Hadassi and Ran Gritzerstein to the Company's Board of Directors, at its AGM held on January 2, 2026. Annuncio • Nov 25
Eli Glickman and Rami Ungar of ZIM Integrated Shipping Services Ltd. proposed to acquire ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) in a management buyout transaction. Eli Glickman and Rami Ungar of ZIM Integrated Shipping Services Ltd. proposed to acquire ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) in a management buyout transaction on November 25, 2025.
The transaction is subject to approval of merger agreement by target board.
Evercore Inc. acted as financial advisor for the board of ZIM Integrated Shipping Services Ltd. Meitar Liquornik Geva Leshem Tal & Co acted as legal advisor for the board of ZIM Integrated Shipping Services Ltd. Skadden, Arps, Slate, Meagher & Flom LLP acted as legal advisor for the board of ZIM Integrated Shipping Services Ltd. Annuncio • Nov 21
ZIM Integrated Shipping Services Ltd. Announces Regular Cash Dividend for the Third Quarter of 2025, Payable on December 8, 2025 In accordance with the Company's dividend policy, ZIM Integrated Shipping Services Ltd.'s Board of Directors declared a regular cash dividend of approximately $37 million, or $0.31 per ordinary share, reflecting approximately 30% of third quarter 2025 net income. The dividend will be paid on December 8, 2025, to holders of record of ZIM ordinary shares as of December 1, 2025. Annuncio • Nov 07
ZIM Integrated Shipping Services Ltd., Annual General Meeting, Dec 19, 2025 ZIM Integrated Shipping Services Ltd., Annual General Meeting, Dec 19, 2025. Location: andrei sakharov street, haifa, Israel Annuncio • Oct 30
ZIM Integrated Shipping Services Ltd. to Report Q3, 2025 Results on Nov 20, 2025 ZIM Integrated Shipping Services Ltd. announced that they will report Q3, 2025 results Pre-Market on Nov 20, 2025 Annuncio • Aug 25
ZIM Integrated Shipping Services Ltd. Announces New Turkish Regulation Impacts Vessel Operations ZIM Integrated Shipping Services Ltd. updates that on August 22, 2025, it received a notice from the Turkish Port Authorities through the Company’s local agent in Turkey, that as a result of a new regulation adopted in Turkey, vessels that are either owned, managed or operated by an entity related to Israel will not be permitted to berth in Turkish ports. This said regulation has been adopted with immediate effect. Separately, based on the new regulation, among others, vessels that are carrying military cargo destined to Israel will not be permitted to berth in Turkish ports; in addition, Turkish-flagged vessels will be prohibited from berthing in Israeli ports. As a result of the above new regulation, the Company re-routed certain Company-operated vessels that were scheduled to call Turkish ports. Annuncio • Aug 20
ZIM Integrated Shipping Services Ltd. Announces Regular Cash Dividend for the Second Quarter of 2025, Payable on September 9, 2025 ZIM Integrated Shipping Services Ltd. announced in accordance with the Company's dividend policy, the Company's Board of Directors declared a regular cash dividend of approximately $7 million, or $0.06 per ordinary share, reflecting approximately 30% of second quarter 2025 net income. The dividend will be paid on September 9, 2025, to holders of record of ZIM ordinary shares as of September 2, 2025. Annuncio • Jul 30
ZIM Integrated Shipping Services Ltd. to Report Q2, 2025 Results on Aug 20, 2025 ZIM Integrated Shipping Services Ltd. announced that they will report Q2, 2025 results Pre-Market on Aug 20, 2025 Annuncio • May 20
ZIM Integrated Shipping Services Ltd. announces Quarterly dividend, payable on June 09, 2025 ZIM Integrated Shipping Services Ltd. announced Quarterly dividend of USD 0.7400 per share payable on June 09, 2025, ex-date on June 02, 2025 and record date on June 02, 2025. Annuncio • Apr 28
ZIM Integrated Shipping Services Ltd. to Report Q1, 2025 Results on May 19, 2025 ZIM Integrated Shipping Services Ltd. announced that they will report Q1, 2025 results Pre-Market on May 19, 2025 Annuncio • Mar 12
ZIM Integrated Shipping Services Ltd. Declares Cash Dividend for the Fourth Quarter of 2024, Payable on April 3, 2025 ZIM Integrated Shipping Services Ltd. declared a regular cash dividend for the Fourth Quarter of 2024 of approximately $382 million, or $3.17 per ordinary share. Together with prior dividend distributions made in respect to the full year of 2024 (including the special dividend paid in December 2024), dividend distributions for the year totaled $961 million, or $7.98 per ordinary share, reflecting approximately 45% of 2024 net income. The dividend will be paid on April 3, 2025, to holders of record of ZIM ordinary shares as of March 24, 2025. Annuncio • Feb 19
ZIM Integrated Shipping Services Ltd. to Report Q4, 2024 Results on Mar 12, 2025 ZIM Integrated Shipping Services Ltd. announced that they will report Q4, 2024 results Pre-Market on Mar 12, 2025 Annuncio • Nov 11
ZIM Integrated Shipping Services Ltd., Annual General Meeting, Dec 22, 2024 ZIM Integrated Shipping Services Ltd., Annual General Meeting, Dec 22, 2024. Location: at 9 andrei sakharov street, haifa Israel Annuncio • Oct 30
ZIM Integrated Shipping Services Ltd. to Report Q3, 2024 Results on Nov 20, 2024 ZIM Integrated Shipping Services Ltd. announced that they will report Q3, 2024 results Pre-Market on Nov 20, 2024 Annuncio • Aug 27
Zim Integrated Shipping Services Ltd. Announces Dividend, Payable on September 5, 2024 On August 19, 2024, ZIM Integrated Shipping Services Ltd. announced a dividend payment of $0.93 per ordinary share (approximately $112 million), to holders of the ordinary shares as of August 29, 2024. Payment of the Dividend is expected to be made on September 5, 2024. Upcoming Dividend • Aug 22
Upcoming dividend of US$0.93 per share Eligible shareholders must have bought the stock before 29 August 2024. Payment date: 05 September 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 17%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (5.8%). Reported Earnings • Aug 21
Second quarter 2024 earnings released: EPS: US$3.09 (vs US$1.79 loss in 2Q 2023) Second quarter 2024 results: EPS: US$3.09 (up from US$1.79 loss in 2Q 2023). Revenue: US$1.93b (up 48% from 2Q 2023). Net income: US$371.3m (up US$586.4m from 2Q 2023). Profit margin: 19% (up from net loss in 2Q 2023). Revenue is expected to decline by 3.4% p.a. on average during the next 3 years, while revenues in the Shipping industry in Europe are expected to grow by 2.2%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance. Buy Or Sell Opportunity • Jul 01
Now 8.4% undervalued Over the last 90 days, the stock has risen 118% to €21.19. The fair value is estimated to be €23.13, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.7% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 0.3% in 2 years. Earnings are forecast to grow by 89% in the next 2 years. Buy Or Sell Opportunity • Jun 23
Now 21% undervalued Over the last 90 days, the stock has risen 111% to €18.67. The fair value is estimated to be €23.56, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.7% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 0.3% in 2 years. Earnings are forecast to grow by 89% in the next 2 years. Annuncio • Jun 08
An unknown buyer acquire a 4.2% stake in ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) from Kenon Holdings Ltd. (TASE:KEN) for approximately $110 million. An unknown buyer acquire a 4.2% stake in ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) from Kenon Holdings Ltd. (TASE:KEN) for approximately $110 million on June 6, 2024. In related transaction, Kenon Holdings has entered into a collar transaction with an investment bank relating to an additional 5,000,000 ZIM ordinary shares. Prior to these transactions, Kenon held 24,843,478 shares in ZIM, representing 20.7% of ZIM’s outstanding shares. The collar transaction involves the purchase of a put option from the Collar Counterparty at an exercise price representing a discount to yesterday’s closing price and the grant of a call option to the Collar Counterparty at an exercise price representing a premium to yesterday’s closing price. The collar transaction has a two year term with settlement either in cash or in the ZIM shares. The collar transaction enables Kenon to retain exposure to potential upside in ZIM’s shares up to the call price, while limiting the impact of potential decline in the share price. The collar arrangement will provide for cash proceeds of approximately $155 million in the event the call option is exercised and cash proceeds of approximately $100 million to Kenon in the event the put option is exercised, in each case assuming share settlement.
An unknown buyer completed the acquisition of a 4.2% stake in ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) from Kenon Holdings Ltd. (TASE:KEN) on June 6, 2024. Buy Or Sell Opportunity • Jun 07
Now 20% undervalued Over the last 90 days, the stock has risen 74% to €17.82. The fair value is estimated to be €22.41, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.7% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 0.3% in 2 years. Earnings are forecast to grow by 89% in the next 2 years. Board Change • Jun 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 2 highly experienced directors. Independent Director Bill Shaul was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. New Risk • May 30
New minor risk - Dividend sustainability The dividend is not well covered by earnings. The company is paying a dividend despite being loss-making. Dividend yield: 4.3% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risk Paying a dividend despite being loss-making. Upcoming Dividend • May 28
Upcoming dividend of US$0.23 per share Eligible shareholders must have bought the stock before 04 June 2024. Payment date: 11 June 2024. The company last paid an ordinary dividend in November 2021. The average dividend yield among industry peers is 5.5%. Annuncio • May 23
ZIM Integrated Shipping Services Ltd. Declares Cash Dividend for the First Quarter of 2024, Payable on June 11, 2024 The Board of Directors of ZIM Integrated Shipping Services Ltd. declared a cash dividend of approximately $28 million, or $0.23 per ordinary share, reflecting approximately 30% of first quarter 2024 net income. The dividend will be paid on June 11, 2024 to holders of ZIM ordinary shares as of June 4, 2024. Buy Or Sell Opportunity • May 22
Now 20% undervalued Over the last 90 days, the stock has risen 43% to €16.49. The fair value is estimated to be €20.71, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.7% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to decline by 2.1% in 2 years. Earnings are forecast to grow by 87% in the next 2 years. Reported Earnings • May 22
First quarter 2024 earnings released: EPS: US$0.75 (vs US$0.49 loss in 1Q 2023) First quarter 2024 results: EPS: US$0.75 (up from US$0.49 loss in 1Q 2023). Revenue: US$1.56b (up 14% from 1Q 2023). Net income: US$90.3m (up US$149.8m from 1Q 2023). Profit margin: 5.8% (up from net loss in 1Q 2023). Revenue is expected to decline by 1.2% p.a. on average during the next 3 years, while revenues in the Shipping industry in Europe are expected to grow by 2.0%. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings. New Risk • May 21
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 2.2% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings are forecast to decline by an average of 2.2% per year for the foreseeable future. Annuncio • May 01
ZIM Integrated Shipping Services Ltd. to Report Q1, 2024 Results on May 21, 2024 ZIM Integrated Shipping Services Ltd. announced that they will report Q1, 2024 results Pre-Market on May 21, 2024 Reported Earnings • Mar 13
Full year 2023 earnings released: US$22.42 loss per share (vs US$38.49 profit in FY 2022) Full year 2023 results: US$22.42 loss per share (down from US$38.49 profit in FY 2022). Revenue: US$5.16b (down 59% from FY 2022). Net loss: US$2.70b (down 158% from profit in FY 2022). Revenue is forecast to grow 5.5% p.a. on average during the next 2 years, while revenues in the Shipping industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 28% per year whereas the company’s share price has fallen by 24% per year. Annuncio • Feb 27
ZIM Integrated Shipping Services Ltd. to Report Fiscal Year 2023 Results on Mar 13, 2024 ZIM Integrated Shipping Services Ltd. announced that they will report fiscal year 2023 results Pre-Market on Mar 13, 2024 Reported Earnings • Nov 16
Third quarter 2023 earnings released: US$18.90 loss per share (vs US$9.69 profit in 3Q 2022) Third quarter 2023 results: US$18.90 loss per share (down from US$9.69 profit in 3Q 2022). Revenue: US$1.27b (down 61% from 3Q 2022). Net loss: US$2.27b (down 295% from profit in 3Q 2022). Revenue is forecast to stay flat during the next 3 years compared to a 2.6% decline forecast for the Shipping industry in Europe. Annuncio • Oct 26
ZIM Integrated Shipping Services Ltd. to Report Q3, 2023 Results on Nov 15, 2023 ZIM Integrated Shipping Services Ltd. announced that they will report Q3, 2023 results Pre-Market on Nov 15, 2023 Annuncio • Aug 24
ZIM Integrated Shipping Services Ltd., Annual General Meeting, Oct 04, 2023 ZIM Integrated Shipping Services Ltd., Annual General Meeting, Oct 04, 2023, at 14:30 Israel Standard Time. Location: Company’s offices at 9 Andrei Sakharov Street Haifa Israel Agenda: To approve the election of nine members to the Company’s board of directors, each until the next annual general meeting of shareholders; to approve the re-appointment of Somekh Chaikin, an affiliate of KPMG International Cooperative, as the independent auditors of the Company for the period ending at the close of the next annual general meeting; to approve an amendment to the Company's compensation policy with respect to the adoption of a new clawback policy intended to comply with the requirements of Section 10D-1 of the Securities Exchange Act of 1934 and the Israeli Companies Law of 1999, to take effect on December 1, 2023; and to approve an active chairman services agreement of the Company with Mr. Yair Seroussi. Reported Earnings • Aug 17
Second quarter 2023 earnings released: US$1.79 loss per share (vs US$11.11 profit in 2Q 2022) Second quarter 2023 results: US$1.79 loss per share (down from US$11.11 profit in 2Q 2022). Revenue: US$1.31b (down 62% from 2Q 2022). Net loss: US$215.1m (down 116% from profit in 2Q 2022). Revenue is expected to fall by 10% p.a. on average during the next 3 years compared to a 6.3% decline forecast for the Shipping industry in Europe. Annuncio • Jul 13
ZIM Integrated Shipping Services Ltd. to Report Q2, 2023 Results on Aug 16, 2023 ZIM Integrated Shipping Services Ltd. announced that they will report Q2, 2023 results on Aug 16, 2023 Reported Earnings • May 22
First quarter 2023 earnings released: US$0.49 loss per share (vs US$14.25 profit in 1Q 2022) First quarter 2023 results: US$0.49 loss per share (down from US$14.25 profit in 1Q 2022). Revenue: US$1.37b (down 63% from 1Q 2022). Net loss: US$59.5m (down 103% from profit in 1Q 2022). Revenue is expected to fall by 3.9% p.a. on average during the next 3 years compared to a 1.0% decline forecast for the Shipping industry in Europe. Upcoming Dividend • Mar 28
Upcoming dividend of US$6.40 per share Eligible shareholders must have bought the stock before 04 April 2023. Payment date: 03 April 2023. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 76%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (14%). Reported Earnings • Mar 14
Full year 2022 earnings released: EPS: US$38.49 (vs US$40.31 in FY 2021) Full year 2022 results: EPS: US$38.49 (down from US$40.31 in FY 2021). Revenue: US$12.6b (up 17% from FY 2021). Net income: US$4.62b (flat on FY 2021). Profit margin: 37% (down from 43% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is expected to fall by 28% p.a. on average during the next 3 years compared to a 11% decline forecast for the Shipping industry in Europe. Annuncio • Feb 07
ZIM Integrated Shipping Services Ltd Upgrades Its Asia-Us East Coast ZXB Service ZIM Integrated Shipping Services Ltd. announced that its ZXB service will undergo a significant restructuring, with a new and improved rotation. The upgraded ZXB, operated exclusively by ZIM, is offering the fastest transit time to Baltimore and Boston from all direct ports of loading. In addition, the line offers access to most Midwest destinations through Norfolk and Baltimore. This premium service includes a New York call at Maher terminal and unique direct coverage from Jakarta and Haiphong. ZIM Xpress Baltimore (ZXB) adds a new Kingston, Jamaica, connection from Southeast Asia and South China to ZIM's Latin America regional network, Philadelphia as well as the US Gulf, and more. ZXB offers customers a wide range of added advantages, including guaranteed equipment and space, dedicated express queue in Baltimore, expedited connections to inland destinations in the Midwest, and exceptional customer service. Annuncio • Feb 02
ZIM Integrated Shipping Services Ltd. Introduces ZIM Colibri Xpress (ZCX) ZIM Integrated Shipping Services Ltd. announced the launch of ZIM Colibri Xpress (ZCX) - a new premium line from South America West Coast to US East Coast, commencing on the coming weeks from Chile. ZCX will operate on the following rotation: San Antonio (Chile), Callao (Peru), Guayaquil (Ecuador) – Cartagena (Colombia) – Kingston (Jamaica) – Philadelphia - Miami, Kingston (Jamaica)- Buenaventura (Colombia – Guayaquil (Ecuador) – Callao (Peru) - San Antonio (Chile). ZCX will offer a superior competitive service for refrigerated cargo from Chile, Ecuador, Peru and Colombia, with the fastest transit time to Philadelphia- as a first port of call in the US East coast - and competitive transit time to additional US ports. ZIM Colibri Xpress (ZCX), operated independently by ZIM, will deploy 6 X 1700 TEU's vessels on a weekly service with increased capacity for reefers. It will offer excellent connection between the ports of West Coast of South America and the US East Coast with very short transit time between major ports in the region. ZCX will also enable fast transshipments from US East Coast ports as well as a direct service from Miami in Southern Florida to all Latin America trades. ZCX will also enable fast transshipments connecting ports in West Coast South America to and from East Coast South America. It will offer transshipment connection from Mexico, Central America and the Caribbean to Philadelphia's port. In addition, ZCX will enable Outstanding Intra WCSA connectivity offering transit times as short as two days between the main countries in this trade. Upcoming Dividend • Nov 21
Upcoming dividend of US$2.95 per share Eligible shareholders must have bought the stock before 28 November 2022. Payment date: 07 December 2022. Payout ratio is a comfortable 56% and this is well supported by cash flows. Trailing yield: 79%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (12%). Reported Earnings • Nov 18
Third quarter 2022 earnings released: EPS: US$9.69 (vs US$12.53 in 3Q 2021) Third quarter 2022 results: EPS: US$9.69 (down from US$12.53 in 3Q 2021). Revenue: US$3.23b (up 2.9% from 3Q 2021). Net income: US$1.16b (down 20% from 3Q 2021). Profit margin: 36% (down from 47% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is expected to fall by 30% p.a. on average during the next 3 years compared to a 12% decline forecast for the Shipping industry in Europe. Annuncio • Nov 17
ZIM Integrated Shipping Services Ltd. Declares Quarterly Dividend, Payable on December 7, 2022 Board of Directors of ZIM Integrated Shipping Services Ltd. declared a cash dividend of approximately $354 million, or $2.95 per ordinary share, reflecting approximately 30% of third quarter 2022 net income. The dividend will be paid on December 7, 2022 to holders of ZIM ordinary shares as of November 29, 2022. Annuncio • Oct 27
ZIM Integrated Shipping Services Ltd. to Report Q3, 2022 Results on Nov 16, 2022 ZIM Integrated Shipping Services Ltd. announced that they will report Q3, 2022 results at 9:30 AM, US Eastern Standard Time on Nov 16, 2022 Reported Earnings • Aug 18
Second quarter 2022 earnings released: EPS: US$11.11 (vs US$7.71 in 2Q 2021) Second quarter 2022 results: EPS: US$11.11 (up from US$7.71 in 2Q 2021). Revenue: US$3.43b (up 44% from 2Q 2021). Net income: US$1.33b (up 50% from 2Q 2021). Profit margin: 39% (up from 37% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to decline by 15% while the Shipping industry in Germany is not expected to grow. Annuncio • Aug 18
Zim Integrated Shipping Services Ltd. Declares Cash Dividend of Second Quarter 2022, Payable on September 8, 2022 ZIM's Board of Directors declared a cash dividend of approximately $571 million, or $4.75 per ordinary share, reflecting 30% of second quarter 2022 net income plus a one-time catch up of 10% of First Quarter 2022 net income. The dividend will be paid on September 8, 2022 to holders of ZIM ordinary shares as of August 29, 2022. Annuncio • Aug 04
ZIM Integrated Shipping Services Ltd. to Report Q2, 2022 Results on Aug 17, 2022 ZIM Integrated Shipping Services Ltd. announced that they will report Q2, 2022 results at 9:30 AM, US Eastern Standard Time on Aug 17, 2022 Annuncio • Jun 29
Zim Integrated Shipping Services Ltd. Announces Management Changes ZIM Integrated Shipping Services Ltd. announced that after ten years with ZIM, including the past five years as EVP Cross Suez and Atlantic Trades, Mr. Rani Ben Yehuda informed the Company of his desire to retire from the Company. Mr. Ben Yehuda will be succeeded by Mr. Assaf Tiran. Mr. Tiran, who currently serves as ZIM’s VP Global Customer Service, will be promoted to EVP Cross Suez and Atlantic Trades. Ms. Karin Schweitzer has been appointed as ZIM’s VP Global Customer Service, replacing Mr. Tiran. Mr. Nir Avni has been appointed as VP Medium & Small Countries, replacing Ms. Hani Kalinski who will be assuming the role of EVP Transpacific Trade, as previously announced. Two members of ZIM’s senior management, Ms. Yael Livnat, VP Network Development & Cooperation, and Mr. Yair Teitelbaum, VP Global Sales, will be promoted to EVPs in recognition of their efforts and successful service as members of the Company’s management team. Annuncio • Jun 10
ZIM Integrated Shipping Services Ltd., Annual General Meeting, Jul 21, 2022 ZIM Integrated Shipping Services Ltd., Annual General Meeting, Jul 21, 2022, at 14:30 Israel Standard Time. Location: 9 Andrei Sakharov Street, Haifa Israel Agenda: To approve the re-election of the current nine (9) members of the Company’s board of directors (the "Board of Directors"), each until the next annual general meeting of shareholders (a separate vote for each director will be taken); to approve the re-appointment of Somekh Chaikin, an affiliate of KPMG International Cooperative, as the independent auditors of the Company for the period ending at the close of the next annual general meeting; to approve an amendment to the Company's articles of association pursuant to which the maximum number of directors shall be eleven (11) members instead of the current nine (9) members; and to consider other matters. Annuncio • May 31
Zim Logistics China (ZLC), Ladingo and ZIM Announce the Launch of ZL Max™ - New Service Package for Amazon Sellers and Ecommerce Businesses ZIM Logistics China (ZLC), Ladingo and ZIM Integrated Shipping Services announced the launch of ZL MAX™, an innovative new service especially designed to meet the needs of Amazon sellers and eCommerce businesses in the China - US West Coast trade. The three companies joined forces to create and launch ZL MAX™, an advanced service providing a smart and speedy shipping solution that covers a full range of end-to-end logistics services. With ZL MAX™, customers can enjoy the most comprehensive multi-channel service with various advantages, including Ladingo's dedicated digital platform that is fully integrated with Amazon. By using this platform, eCommerce businesses will be able to receive an all-inclusive online instant quote and book LCL shipments in just a few simple steps, without having to worry about additional custom charges at the final destination. The digital platform also offers customized notifications and allows customers to keep track of their cargo at any point of the journey. ZIM Logistics China will oversee all shipment requirements from pickup to delivery at the designated Amazon FBA (Fulfillment by Amazon) warehouse destination in the US West Coast. ZIM Logistics China is also directly aligned with ZIM's eCommerce Xpress Service (ZEX), ensuring fastest transit-time, secured space on board and expedited delivery at destination. Annuncio • May 19
ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) signed a letter of intent to acquire 51% stake in ZIM (Thailand) Co., Ltd from NCL International Logistics Public Company Limited (SET:NCL) for THB 5.1 Million. ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) signed a letter of intent to acquire 51% stake in ZIM (Thailand) Co., Ltd from NCL International Logistics Public Company Limited (SET:NCL) for THB 5.1 Million on May 17, 2022. Reported Earnings • May 19
First quarter 2022 earnings released: EPS: US$14.25 (vs US$5.35 in 1Q 2021) First quarter 2022 results: EPS: US$14.25 (up from US$5.35 in 1Q 2021). Revenue: US$3.72b (up 113% from 1Q 2021). Net income: US$1.71b (up 191% from 1Q 2021). Profit margin: 46% (up from 34% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 4.5% compared to a 5.3% growth forecast for the industry in Germany. Annuncio • May 19
ZIM Integrated Shipping Services Ltd. Declares Cash Dividend, Payable on June 8, 2022 The board of directors of ZIM Integrated Shipping Services Ltd. declared a cash dividend of approximately $342 million, or $2.85 per ordinary share, reflecting approximately 20% of first quarter 2022 net income. The dividend will be paid on June 8, 2022 to holders of ZIM ordinary shares as of May 31, 2022. Annuncio • May 04
ZIM Integrated Shipping Services Ltd. to Report Q1, 2022 Results on May 18, 2022 ZIM Integrated Shipping Services Ltd. announced that they will report Q1, 2022 results Pre-Market on May 18, 2022 Valuation Update With 7 Day Price Move • Mar 16
Investor sentiment improved over the past week After last week's 15% share price gain to €76.00, the stock trades at a forward P/E ratio of 2x. Average forward P/E is 7x in the Shipping industry in Europe. Total returns to shareholders of 294% over the past year. Upcoming Dividend • Mar 15
Upcoming dividend of US$17.00 per share Eligible shareholders must have bought the stock before 22 March 2022. Payment date: 04 April 2022. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 24%. Within top quartile of German dividend payers (3.6%). Higher than average of industry peers (9.6%). Reported Earnings • Mar 10
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: US$40.31 (up from US$5.18 in FY 2020). Revenue: US$10.7b (up 169% from FY 2020). Net income: US$4.64b (up US$4.12b from FY 2020). Profit margin: 43% (up from 13% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 19%, compared to a 18% growth forecast for the industry in Germany. Annuncio • Feb 25
ZIM Integrated Shipping Services Ltd. to Report Q4, 2021 Results on Mar 09, 2022 ZIM Integrated Shipping Services Ltd. announced that they will report Q4, 2021 results Pre-Market on Mar 09, 2022 Valuation Update With 7 Day Price Move • Jan 25
Investor sentiment deteriorated over the past week After last week's 17% share price decline to €47.40, the stock trades at a forward P/E ratio of 2x. Average forward P/E is 7x in the Shipping industry in Europe. Upcoming Dividend • Dec 08
Upcoming dividend of US$2.50 per share Eligible shareholders must have bought the stock before 15 December 2021. Payment date: 27 December 2021. Payout ratio is a comfortable 8.4% but the company is not cash flow positive. Trailing yield: 17%. Within top quartile of German dividend payers (3.4%). Higher than average of industry peers (1.8%). Reported Earnings • Nov 19
Third quarter 2021 earnings released: EPS US$12.53 (vs US$1.42 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$3.14b (up 210% from 3Q 2020). Net income: US$1.46b (up US$1.32b from 3Q 2020). Profit margin: 47% (up from 14% in 3Q 2020). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Oct 22
Investor sentiment improved over the past week After last week's 15% share price gain to €42.20, the stock trades at a forward P/E ratio of 2x. Average forward P/E is 8x in the Shipping industry in Europe. Valuation Update With 7 Day Price Move • Sep 11
Investor sentiment improved over the past week After last week's 16% share price gain to €50.00, the stock trades at a trailing P/E ratio of 2.5x. Average forward P/E is 8x in the Shipping industry in Europe. Reported Earnings • Aug 21
Second quarter 2021 earnings released: EPS US$7.71 (vs US$0.24 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$2.38b (up 200% from 2Q 2020). Net income: US$886.5m (up US$862.4m from 2Q 2020). Profit margin: 37% (up from 3.0% in 2Q 2020). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Aug 19
Investor sentiment improved over the past week After last week's 15% share price gain to US$41.20, the stock trades at a trailing P/E ratio of 4.3x. Average forward P/E is 10x in the Shipping industry in Europe. Annuncio • Aug 19
ZIM Integrated Shipping Services Ltd. Declares Special Cash Dividend, Payable on September 15, 2021 In May 2021, ZIM Integrated Shipping Services Ltd. Board of Directors declared a special cash dividend of approximately $238 million, or $2.00 per ordinary share. The special cash dividend will be paid on September 15, 2021, to all holders of record of ordinary shares as of August 25, 2021. The special dividend is supplemental to ZIM's previously communicated 2021 annual dividend guidance, whereby the Company expects to distribute 30%-50% of 2021 net income in 2022, subject to Board approval. Valuation Update With 7 Day Price Move • Jul 05
Investor sentiment deteriorated over the past week After last week's 16% share price decline to US$33.80, the stock trades at a trailing P/E ratio of 3.8x. Average forward P/E is 13x in the Shipping industry in Europe. Annuncio • Jun 04
ZIM Integrated Shipping Services Ltd. has completed a Follow-on Equity Offering in the amount of $279 million. ZIM Integrated Shipping Services Ltd. has completed a Follow-on Equity Offering in the amount of $279 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 6,975,000
Price\Range: $40 Reported Earnings • May 21
First quarter 2021 earnings released: EPS US$5.35 The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$1.74b (up 112% from 1Q 2020). Net income: US$587.6m (up US$601.1m from 1Q 2020). Profit margin: 34% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Valuation Update With 7 Day Price Move • May 06
Investor sentiment improved over the past week After last week's 27% share price gain to US$35.60, the stock trades at a trailing P/E ratio of 8.1x. Average forward P/E is 13x in the Shipping industry in Europe. Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment improved over the past week After last week's 17% share price gain to US$24.78, the stock trades at a trailing P/E ratio of 5.9x. Average forward P/E is 13x in the Shipping industry in Europe. Annuncio • Mar 24
ZIM Integrated Shipping Services Ltd. Provides Earnings Guidance for the Full Year of Fiscal 2021 ZIM Integrated Shipping Services Ltd. provided earnings guidance for the full year of fiscal 2021. For the year, the company expects EBIT within a range from $850 million to $1.05 billion. Reported Earnings • Mar 23
Full year 2020 earnings released: EPS US$5.18 (vs US$0.18 loss in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$3.99b (up 21% from FY 2019). Net income: US$518.0m (up US$536.1m from FY 2019). Profit margin: 13% (up from net loss in FY 2019). The move to profitability was driven by higher revenue. Annuncio • Mar 09
ZIM Integrated Shipping Services Ltd. to Report Q4, 2020 Results on Mar 22, 2021 ZIM Integrated Shipping Services Ltd. announced that they will report Q4, 2020 results Pre-Market on Mar 22, 2021 Annuncio • Feb 13
ZIM Integrated Shipping Services Ltd. Announces Strategic Chartering Agreement for LNG-Fueled Vessels ZIM Integrated Shipping Services Ltd. and Seaspan Corporation announced a strategic agreement for the long-term charter of ten 15,000 TEU liquefied natural gas (LNG) dual-fuel container vessels, to serve ZIM's Asia - US East Coast trade.