A. P. Moller Maersk A/S (LTS:0O77)

kr 11420 0 (0%) Market Cap: 176.42 Bil Enterprise Value: 154.45 Bil PE Ratio: 15.90 PB Ratio: 0.50 GF Score: 80/100

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Q2 2020 AP Moeller - Maersk A/S Earnings Call Transcript

Aug 19, 2020 / 09:00AM GMT

Release Date Price: kr9329.58 (+4.01%)

Transcript

SÃ;ren Skou;ller;MÃ;rsk A;S;CEO

A.P. MÃ;CEO of Transport & Logistics Division, Interim COO and Member of Management Board

¸ - ¸-¦/- -

Good morning, everyone, and thank you all for listening in to our earnings call for the second quarter of -- and half year of 2020. I'm SÃ¸ren Skou. I'm the CEO of A.P. MÃ¸ller - Maersk, and I'm joined here today by Patrick Jany, our Chief Financial Officer.

So we are now 6 months into the COVID-19 pandemic. Right from the start, we decided that we would have 3 objectives during the pandemic that would guide us -- guide all of our actions: the first one was protect our people; the second one, serve our customers; and the third one was to help the societies that we are a part of fight the virus. There's been many challenges throughout the quarter. But I'm very proud of the fact that we have been able to keep our global network running, keep the ports open, keep the warehouses and inland transportation operating throughout the pandemic.

We have never

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