A.P. Moller – Maersk Reports Solid Uplift In Earnings And Strong Cash Flow In Q1

A.P. Moller – Maersk Reports Solid Uplift In Earnings And Strong Cash Flow In Q1

A.P. Moller – Maersk has closed the first quarter of 2019 with a 33% increase in earnings before interest, tax, depreciation and amortization (EBITDA) to USD 1.2bn while revenue grew by 2.5% to USD 9.5bn compared to Q1 2018. Operating cash flow improved significantly to USD 1.5bn and free cash flow was USD 3.5bn, including sale of shares in Total S.A.