Maersk Reports Strong Q1 2025 Performance with Revenue Up 7.8%
JCtrans News
9-May-2025
According to Maersk’s official website on May 8, the company has released its unaudited financial results for the first quarter of 2025.
In Q1 2025, Maersk reported a 7.8% year-on-year revenue increase, reaching USD 13.3 billion. While performance continued its expected sequential decline, it marked a solid start to the year, driven by robust profitability in Ocean, improved operations in Logistics & Services, and increased volumes in Terminals. Despite heightened uncertainty and a more cautious outlook for container volume growth, Maersk maintained its full-year financial guidance for 2025.
The Ocean segment achieved USD 8.91 billion in revenue, with an EBITDA of USD 1.90 billion and EBIT of USD 740 million, reflecting an EBIT margin of 8.3%. Total loaded volumes were 2.931 million FFE, up 0.1% year-on-year, while average freight rates rose 2.5% to USD 2,427 per FFE.
Logistics & Services generated USD 3.49 billion in revenue, with an EBITDA of USD 380 million and EBIT of USD 140 million, resulting in a 4.1% EBIT margin — an improvement compared to the same period last year.
Terminals continued to perform well, benefiting from strong volume growth, higher revenue per move, and increased warehousing income, while cost control was supported by automation and improved capacity utilization.
Maersk CEO Vincent Clerc stated:
“Compared to the same period last year, we delivered strong results, supported by operational efficiency and a favorable global economic environment in the first three months. With rising geopolitical tensions and increasing uncertainty, global supply chains are once again in the spotlight. We’re proud to offer our customers the most competitive products and services, including the most reliable ocean network and top-tier logistics and customs support teams. Maersk is intensifying efforts in automation and cost management to remain agile in the face of future challenges. These efforts reinforce our confidence in maintaining the full-year guidance announced in February.”
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