2020 Profits Doubled For A.P. Møller – Mærsk

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A record fourth quarter helped A.P. Møller – Mærsk double its 2020 profits with a significant chunk of the cash earned earmarked for acquisitions, says an article published in Splash247.

EBITDA

In the fourth quarter last year, EBITDA rose 85% to $2.71bn while full year EBITDA hit $8.3bn for the world’s largest container line.

In bullish mood, the company, often seen by investors as a bellwether for the container shipping industry – stated today that it anticipates 2021 to be better than last year...

https://mfame.guru/2020-profits-doubled-for-a-p-moller-maersk/

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