The decline in profits during the third quarter, driven by tariff pressures on its container shipping division, was highlighted in the group’s report.
Revenues reached $40.657 billion (€35.392 billion), a decrease of 1% compared to the same period last year.
The earnings before interest and taxes (EBIT) fell 24% to $3.382 billion (€2.944 billion).
The EBITDA (earnings before interest, taxes, depreciation, and amortization) was $7.694 billion (€6.698 billion), a reduction of 10%.
In the third quarter, the Danish group, which owns Maersk Line—one of the world’s leading container shipping companies—saw its net profit drop 64% to $1.096 billion (€954 million).
Revenues decreased 10% to $14.206 billion (€12.366 billion).
The EBIT was $1.284 billion (€1.118 billion), a decline of 61%, and the EBITDA was $2.686 billion (€2.338 billion), a drop of 44%.
The Danish group noted in its report that it expects the global container market to grow by 4% in 2025, revising its previous forecast of a 2% to 4% variation, and acknowledged that issues on the Red Sea route are expected to persist throughout the year.
