Maersk Raises Guidance on Higher Earnings, Increased Visibility

By Nina Kienle

Danish shipping group A.P. Moller-Maersk raised its full-year guidance on the back of a higher earnings and improved visibility for the rest of the year despite the conflict in the Middle East.

Maersk said it now targets underlying earnings before interest, taxes, depreciation, and amortization for the year of between $10.5 billion and $12.5 billion, ahead of its previous target range of $8 billion to $10 billion.

It also raised its guidance for underlying earnings before interest and taxes to $4.5 billion to $6.5 billion, from $2 billion to $4 billion.

Maersk said the improved outlook was based on higher results for the second quarter and a forecast of around 4% growth in the global container market in 2026.

For the second quarter, net profit rose to $1.26 billion from $586 million in the prior year's period, on revenue that increased to $15.76 billion from $13.13 billion.

Maersk said each of its segments contributed with double-digit growth. The ocean unit saw a 23% jump in revenue to $2 billion, supported by higher freight rates and volume growth of 4.1%, the shipping group said.

Underlying Ebitda rose to $2.99 billion from $2.30 billion, while underlying EBIT rose to $1.56 billion from $818 million.

The company said commercial measures helped recover higher costs from the Middle East conflict.

Write to Nina Kienle at nina.kienle@wsj.com

(END) Dow Jones Newswires

August 13, 2026 02:58 ET (06:58 GMT)