A.P. Møller - Mærsk Full Year 2024 Earnings: Beats Expectations

A.P. Møller - Mærsk (CPH:MAERSK B) Full Year 2024 Results

Key Financial Results

• Revenue: US$55.5b (up 8.6% from FY 2023).
• Net income: US$6.11b (up 60% from FY 2023).
• Profit margin: 11% (up from 7.5% in FY 2023). The increase in margin was driven by higher revenue.
• EPS: US$387 (up from US$227 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

A.P. Møller - Mærsk Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) also surpassed analyst estimates by 10%.

Looking ahead, revenue is forecast to decline by 1.3% p.a. on average during the next 3 years, while revenues in the Shipping industry in Europe are expected to remain flat.

Performance of the market in Denmark.

The company's shares are up 6.0% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 2 warning signs for A.P. Møller - Mærsk (1 doesn't sit too well with us!) that you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.