2022 was an exceptionally strong year for Maersk. The unprecedented financial results were driven by solid performance across all businesses during the abnormal market conditions in the first part of last year. Revenue increased by 32% to USD 81.5bn, and EBIT increased 57% to USD 30.9bn.
As congestions eased and declining consumer demand led to a significant de-stocking in all segments, the expected normalization of the #Ocean market kicked in during the final stretch of the year.
Maersk has accelerated its business transformation, expanded the integrated logistics capabilities through acquired companies like Pilot, Senator and LF Logistics, and organically grown #Logistics with more than 20%. While the slow-down of the global economy will lead to a softer market in particular in Ocean, Maersk will continue to pursue the growth opportunities within the Logistics and Terminals businesses.
Read more about our annual and quarterly results: https://lnkd.in/ejx-pHZ3
Life is a collection of memories and I have a lot memories in my home office. Items that means something for me and that reminds of where I come from, places wehere I have been and the journey that I am on.
This small piece of art, from an artist I once met, always reminds me of the fact that working life has its ups and downs – just like all other parts of life.
I was like everybody devestated and sad to see the horrible consequences of the earthquakes in Turkey.
My thoughts ho to all Turlish colleagues and friends and the people of Turkey. Now we all need to do what we can to support.
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