A.P. Moller – Maersk A/S reported strong financial results for the third quarter of 2025, driven by operational improvements and proactive cost control measures. The company recorded sequential growth in all its business segments and raised the lower end of its full-year financial guidance.
During the period, Maersk achieved revenue of USD 14.2 billion, an EBITDA of USD 2.7 billion, and an EBIT of USD 1.3 billion. Cash distribution to shareholders amounted to USD 578 million, entirely through share buybacks.
The Ocean segment showed outstanding performance, with a 7% year-on-year growth in loaded volumes and stable freight rates compared to the previous quarter, supported by savings from the Gemini cooperation. The segment’s EBIT rose to USD 567 million, compared to USD 229 million in the second quarter.
In Logistics & Services, profitability improved to 5.5%, driven by cost control and the strong performance of Fulfilled by Maersk, especially in warehousing. EBIT was USD 218 million, exceeding the USD 175 million from the previous quarter.
Meanwhile, Terminals achieved record volumes, revenue, EBITDA, and EBIT, with volume growth of 8.7% and utilization of 89%, with some terminals close to maximum capacity. The segment’s EBIT was USD 571 million, compared to USD 461 million in the second quarter.
The company also revised upwards its forecast for global container market volume growth, now estimating it to be around 4% (previously between 2% and 4%). Disruption in the Red Sea is expected to persist throughout the year.
Vincent Clerc, CEO of Maersk, emphasized that “we have delivered a strong third quarter across all our business units. Our performance reflects our execution capability and continuous improvement, as well as the trust our customers place in us. The new East-West network has strengthened our performance in Ocean, offering industry-leading reliability, higher volumes, and lower costs.”
“Terminals achieved another record quarter with strong volume growth, and Logistics & Services continued to improve its profitability. As market conditions fluctuate, we are well positioned to help our customers adapt and maintain stability in their supply chains,” he added.
