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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Q1 2021 AP Moeller - Maersk A/S Earnings Call Transcript

May 05, 2021 / 09:00AM GMT

Release Date Price: kr15380.09 (+7.32%)

Transcript

Soren 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 first quarter of 2021. My name is SÃ¸ren Skou. I'm the CEO of A.P. MÃ¸ller - Maersk, and I'm joined here today by Patrick Jany, our CFO.

Now let me start by saying that this quarter -- this is a quarter that I'm quite proud to present. We deliver multiple records. It's the best quarter ever in Ocean. It's the best quarter ever in Logistics. It's the best quarter ever in Terminals, and it's also the best quarter ever in terms of net profit also for A.P. MÃ¸ller - Maersk and by some margin.

Excluding the quarter, where we sold Maersk Oil, the previous record from -- was from Q2 of 2010. And that result of $1.9 billion, included important contributions from Maersk Oil, Maersk Drilling, Maersk Tankers, Danske Bank and Dansk Supermarked companies that we do not own any longer.

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