Maersk Investor Presentation Deck
Highlights Q3 2020
Ocean
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Revenue decreased 4.1% as volumes declined
3.6% due to impacts from COVID-19.
10
EBITDA improved 39% with a margin of 25.4%
driven by continued focus on cost from agile
capacity deployment, lower bunker cost and
higher freight rates partly driven by a strong
momentum in demand on certain routes.
A restructuring cost of USD 65m was
recognised as the organisational structure
was simplified as a further step in our
integrator strategy.
• The digital guaranteed short term booking
product Maersk Spot gained further traction in
the quarter increasing the share of loaded
short term volumes.
Q3 2020 interim report
Development in EBITDA and EBITDA margin (%)
2,000
1,500
1,000
500
0
Revenue
Q1 19
Q2 19
EBITDA
EBITDA margin
Gross capital expenditures
Q3 19
EBITDA
Q4 19 Q1 20
EBITDA margin
Q3 2020
(USDm)
7,118
1,805
25.4%
147
Q3 2019
(USDM)
7,423
1,294
17.4%
209
Q2 20
Q3 20
9M 2020
(USDM)
20,918
4,337
20.7%
530
30%
25%
20%
15%
10%
5%
0%
9M 2019
(USDM)
21,634
3,311
15.3%
992
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