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Maersk profits rise 77% in the first half to 1,589 million.

Net sales rose by 5% to $26.451 billion (€22.775 billion), while the operating profit (EBIT) surged 84% from the previous year, reaching $2.098 billion (€1.806 billion).

The Danish company has raised its annual forecast due to stronger demand outside North America, now anticipating an EBIT between $2 billion and $3.5 billion (€1.722 and €3.013 billion), alongside expectations that the global maritime container market will grow between 2% and 4%.

In the second quarter, Maersk achieved a net profit of $639 million (€550 million), marking a 23% decline.

However, net sales increased by 3% from the previous year to $13.130 billion (€11.305 billion).

EBIT amounted to $845 million (€728 million), down 12%, due to a drop in profits from the sale of assets in its Ocean division, as well as increased depreciation tied to capacity expansion.

“Our new east-west network is enhancing reliability and setting new industry standards, driving an increase in volumes and a solid result for Ocean. Even with a volatile market and historic uncertainty in global trade, demand remains resilient,” the company stated in a press release.

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