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A.P. Moller-Maersk 2024 Profit Rises; Announces Initiation Of Share Buy-back Programme

A.P. Moller-Maersk A/S (AMKAF.PK, AMKBF.PK) reported that full year 2024 profit of A.P. Møller - Mærsk A/S' share was $6.11 billion compared to $3.82 billion, prior year. Underlying profit increased to $6.09 billion from $3.95 billion. Underlying EBIT was $6.36 billion compared to $3.96 billion. Revenue increased to $55.48 billion from $51.06 billion. For 2025, the company projects EBIT underlying in a range of 0.0-$3.0 billion.

The Board of Directors has decided to initiate a share buy-back programme of up to 14.4 billion Danish kroner, to be executed over a period of 12 months, with the first phase of 7.2 billion kroner to run from 7 February up to 6 August 2025.

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by RTTNews Staff Writer

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