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Indiaexportnews.com

A.P.Møller-Maersk posts strong 1H 2010 report

  20.08.2010    

Danish shipping giant A.P.Møller-Maersk boosted revenue by 20% to DKK 153.53bn (EUR 20.61bn USD 26.52bn) in the first half of 2010 compared to the same period in 2009, mainly as a result of higher freight rates and volumes for the Group's container shipping activities as well as higher oil prices. Profit for the period was DKK 14,156mn compared to a loss of DKK 3,021mn in 1H 2009.
CEO Nils S.Andersen says the the first half of 2010 has been very satisfactory for the group and it upgrades its full-year profit by USD 500mn to more than USD 4bn (EUR 3.11bn).



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