Maersk has reported its financial results in Q3 2025, which the company describes as “strong”.
Revenues stood at USD$14.2 billion (down from USD$15.8 billion in Q3 2024), earnings before interest taxation depreciation and amortisation were USD$2.7 billion (down from USD$4.8 billion) and earnings before interest and tax (a measure of profit) were USD$1.3 billion (down from USD$3.3 billion).
Vincent Clerc, Maersk CEO commented, “We have delivered a strong third quarter across our business. Our performance reflects our ability to execute and continuously improve, as well as the trust customers place in us. The new East-West network has strengthened our Ocean performance, delivering industry-leading reliability, higher volumes and lower costs. Terminals achieved another record quarter with strong volume growth, and Logistics & Services continued to enhance profitability. As market conditions fluctuate, we are well positioned to help our customers adapt and maintain stability across their supply chains”.
On the ocean shipping side, Maersk reports that the Gemini Cooperation enabled significant cost savings and supported 7% loaded volume growth year-on-year, while freight rates were broadly stable. EBIT: USD$567m, up from USD$229m in the previous quarter. It USD$2.8bn in Q3 2024, the company reports.
Logistics and terminals improved profitability from4.4% in the previous quarter to 5.5% in the last quarter, driven by cost control. EBIT was US$218 million, up from USD$175m in the previous quarter. It was USD$200 million in Q3 2024.
Maersk ahs also reported that it has opened its largest contract logistics facility in the Asia Pacific region. The Maersk Mega Distribution Centre spans a total floor area of nearly 180,000 square metres, offers 100,000 pallet positions, and is a multi-client facility, purpose-built to handle a wide range of commodities including fast-moving consumer goods, food & beverage items, footwear and apparel.