A P Moller Maersk AS (OCSE:MAERSK B)

kr 11850 390 (3.4%) Market Cap: 182.69 Bil Enterprise Value: 256.86 Bil PE Ratio: 7.56 PB Ratio: 0.50 GF Score: 77/100

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kr10993.66 (-0.95%)

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Q3 2020 AP Moeller - Maersk A/S Earnings Call Transcript

Nov 18, 2020 / 10:00AM GMT

Release Date Price: kr10993.66 (-0.95%)

Transcript

SÃ;ren Skou;ller;MÃ;rsk A;S;CEO

A.P. MÃ;CEO of Transport & Logistics Division, Interim COO and Member of Management Board

¸ - ¸-¦/- -

Good morning, everybody, and thank you all for listening in to our earnings call for the third quarter and first 9 months of 2020. My name is SÃ¸ren Skou, and I'm the CEO of A.P. MÃ¸ller - Maersk, and I'm joined today by Patrick Jany, our group CFO.

So let me start by saying that we are satisfied with our third quarter results. And we're also proud of the fact that we have been able to continue to improve our financial results and continue to transform the company into a global container logistics company under the very difficult circumstances of the COVID-19 pandemic, which has, for us, meant lower volumes, global work from home, plenty of contingencies in ports around the world. We believe we are demonstrating that we are set out on the right strategy at the end of 2016 and that the disciplined execution ever since is starting to really deliver results.

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