Copenhagen, Nov. 2, (dpa/GNA) - Danish shipping company Maersk reported a third-quarter profit before tax of $9.174 billion on Wednesday, compared to $5.674 billion in the same period last year.
The increase was helped by a reported 37% growth in revenue.
Net profit for the quarter increased to $8.879 billion from $5.438 billion last year.
Excluding one-time items, underlying profit was $8.818 billion compared with $5.448 billion in the previous year.
Earnings before interest, taxes, depreciation and amortisation (EBITDA) rose to $10.862 billion from $6.943 billion a year ago.
Quarterly revenue increased to $22.767 billion from $16.612 billion last year, driven by growth in all segments.
Looking forward, the company has confirmed its previous full-year underlying EBITDA guidance of around $37.0 billion. Underlying EBIT or Earnings Before Interest and Taxes is expected to be about $31 billion for the year.
GNA