COPENHAGEN (Reuters) – Maersk reported fourth-quarter profits that exceeded forecasts and indicated that its earnings in 2025 are expected to fall short of last year’s results due to ongoing macroeconomic uncertainties that could affect global trade.
The company, often seen as a key indicator of world trade, projected an underlying EBITDA result between $6 billion and $9 billion for this year, down from $12.1 billion in 2024 and analysts’ expectations of $7.4 billion.
Maersk highlighted several factors contributing to the uncertainty in global trade, including geopolitical tensions, potential changes in tariffs on U.S. imports, stricter export controls on critical goods, sanctions, and growing industrial policy concerns. The company noted that threats of tariffs, particularly those from the U.S., have raised concerns among global businesses, with the potential to disrupt international trade.
For the fourth quarter, Maersk’s underlying EBITDA reached $3.60 billion, surpassing analysts’ forecast of $3.0 billion, according to an LSEG poll.
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