Supply Chain Council of European Union | Scceu.org
News

Maersk Lifts 2022 Guidance on Global Supply Chain Congestion

COPENHAGEN (Reuters) – Shipping group Maersk on Tuesday revised up its expectations for operating profit in 2022 and posted second-quarter revenue above a previous forecast as a result of congestion in global supply chains.

The company now expects underlying earnings before interest, taxation, depreciation and amortisation (EBITDA) of around $37 billion, up from its previous forecast of $30 billion.

Revenue in the second quarter stood at $21.7 billion, it said.

(Reporting by Jacob Gronholt-Pedersen; Editing by Kirsten Donovan)

Copyright 2022 Thomson Reuters.

Related posts

Williams blames supply chain issues on textbook shortage, Crawford calls it a travesty of justice

scceu

Survey Finds 45% of Supply Chain Professionals Look to 3PLs for Innovation Investment

scceu

Global Supply Chain Planning Software Market (2020-2026) | Latest COVID19 Impact Analysis | Know About Brand Players: SAP, Oracle, JDA Software, Infor Global Solutions, Manhattan Associates, etc.

scceu