Maersk’s third quarter is characterised by improved profitability across the business. Earnings before interest, tax, depreciation and amortization (EBITDA) improved 14% to USD 1.7bn in the quarter, reflecting an increase in EBITDA margin to 16.5%, says an article published on its website.
- Revenue decreased slightly by 0.9% to USD 10.1bn.
- Operating cash flow increased by 25% to USD 1.7bn with a cash conversion ratio of 105% and free cash flow before capitalized lease payments was USD 1.5bn.
http://mfame.guru/maersk-shows-increased-operational-profitability-in-third-quarter/