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Buoyant Maersk sets aside up to $5.5bn for acquisitions

A record fourth quarter helped A.P. Møller – Mærsk double its 2020 profits with a significant chunk of the cash earned earmarked for acquisitions. In the fourth quarter last year, EBITDA rose 85% to $2.71bn while full year EBITDA hit $8.3bn for the world’s largest containerline. In bullish mode, the company, often seen by investors …

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A record fourth quarter helped A.P. Møller – Mærsk double its 2020 profits with a significant chunk of the cash earned earmarked for acquisitions. In the fourth quarter last year, EBITDA rose 85% to $2.71bn while full year EBITDA hit $8.3bn for the world’s largest containerline. In bullish mode, the company, often seen by investors …

[post_title] => Buoyant Maersk sets aside up to $5.5bn for acquisitions [post_excerpt] => A record fourth quarter helped A.P. Møller – Mærsk double its 2020 profits with a significant chunk of the cash earned earmarked for acquisitions. In the fourth quarter last year, EBITDA rose 85% to $2.71bn while full year EBITDA hit $8.3bn for t... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => buoyant-maersk-sets-aside-up-to-5-5bn-for-acquisitions [to_ping] => [pinged] => [post_modified] => 2021-02-10 08:51:48 [post_modified_gmt] => 2021-02-10 08:51:48 [post_content_filtered] => [post_parent] => 0 [guid] => https://splash247.com/?p=136060 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )