**Maersk Reports Robust Q3 2024 Results and Updates Full-Year Outlook**

Copenhagen, Denmark - A.P. Møller - Mærsk A/S (APMM) has announced strong preliminary unaudited financial results for the third quarter of 2024, revealing significant revenue and earnings. According to the company's statement, Q3 revenue stands at USD 15.8 billion, with underlying EBITDA reported at USD 4.8 billion and underlying EBIT at USD 3.3 billion.

These remarkable figures reflect the company's solid performance amidst strong market demand for container shipping and ongoing complications in the Red Sea region. As a result of these combined factors, Maersk has revised its full-year 2024 financial outlook upwards. The company now anticipates an underlying EBITDA between USD 11.0 and 11.5 billion and an EBIT ranging from USD 5.2 to 5.7 billion. Prior estimates were set at USD 9 to 11 billion for EBITDA and USD 3 to 5 billion for EBIT. Additionally, Maersk expects its free cash flow to be at least USD 3 billion, up from the previously forecasted USD 2 billion.

As an integrated logistics company, A.P. Moller - Maersk operates in more than 130 countries and employs approximately 100,000 people worldwide. The company has been focusing on connecting and simplifying its customers' supply chains and is committed to reaching net zero emissions by 2040. This sustainability goal is being pursued through investments in new technologies, innovative vessels, and low-emission fuels.

The full interim Q3 results for APMM will be published on 31 October 2024.