Maersk Investor Presentation Deck
Highlights Q4 2019
Ocean
ā
16
Lower volumes due to weaker markets and
initiatives taken to protect profitability, led to a
3.4% revenue decline.
EBITDA declined 4.8% compared to an
extraordinary strong Q4 2018. Margin of
15.5% held up well due to strong focus on
capacity management and lower fuel cost.
Total operating costs decreased by 4.1%
compared to Q4 2018, but declining volumes
led to increased unit cost.
On a full year basis, EBITDA improved 15% to
an EBITDA margin of 15.3%.
Maersk Spot, introduced in Q2 2019, saw
further adaption in the market, and at the end
of Q4 Maersk Spot accounted for 24% of
spot-volumes.
Annual Report 2019
Development in EBITDA and EBITDA margin (%)
1,400
1,200
1,000
800
600
400
200
0
Revenue
9.6%
Q1 18
EBITDA
EBITDA margin
Gross capital
expenditures
12.3%
Q2 18 Q3 18 Q4 18
15.4% 15.8%
Q4 2019
(USDm)
7,034
1,093
15.5%
180
EBITDA
Q4 2018
(USDm)
7,283
1,148
15.8%
332
13.4%
14.9%
Q1 19 Q2 19 Q3 19
EBITDA margin
FY 2019
(USDm)
28,418
4,356
15.3%
17.4%
1,172
15.5%
Q4 19
FY 2018
(USDm)
28,366
3,782
13.3%
2,279
20%
15%
10%
5%
0%
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