A.p. Moller - Maersk A/s Class A · OMXCOP:MAERSK_A
A.p. Moller - Maersk A/s Class A — A.P Moller - Maersk — Q3 2025 Earnings Presentation
27 slides from A.p. Moller - Maersk A/s Class A's earnings presentation, Nov 6, 2025
Slide 1: Q3 2025 Investor Presentation
A.P. Møller - Mærsk A/S Q3 2025 Investor Presentation
Slide 2: Forward-looking statements
Forward-looking statements
Slide 3: Q3 2025 highlights
CESTAAT Se Q45 2025 highlights MAERSK
Slide 4: Strong execution across all businesses
Highlights Q3 2025 Strong execution across all businesses • • • • • • • •
Slide 5: Operational improvements and proactive cost measures
Highlights Q3 2025 Operational improvements and proactive cost measures Logistics & Services Ocean Terminals Tracking positively Successful Gemini implementation Reaching full potential • • • • • • • • • •
Slide 6: Continued strategic progress
2021–2025 Continued strategic progress Segment KPI Targets(1) LTM
Slide 7: China exports remain the main growth engine of container market
China exports remain the main growth engine of container market volume growth and continue their upward journey
Slide 8: Gemini benefits above target
Gemini benefits above target | Strong volumes lift expected cost benefit to USD 720-950m annualised while delivering 90% reliability Bunker Asset turn Terminals ~135m(1) ~50m(2) ~40m( 450-550m 150-200m 120-200m
Slide 9: 2025 financial guidance refined
2025 financial guidance refined • • • • • • •
Slide 10: Q3 2025 Financial review
Q45 2025 Financial review
Slide 11: Strong third quarter as expected
Strong third quarter as expected • • • • • •
Slide 12: Solid FCF supported by strong operational cash flow and share buy-back
Solid FCF supported by strong operational cash flow alongside continuation of share buy-back • Cash flow bridge for Q3 ‘25, USDm • • •
Slide 13: Ocean
Third quarter 2025 Development in EBIT (USDm) and EBIT margin (%) Ocean 3,000 2,000 • 1,000 • 0 -1,000 • USDm Q3 ‘25 Q2 ‘25 QoQ % Q3 ’24 YoY % • •
Slide 14: Ocean | EBITDA decreases driven by rate deterioration
Third quarter 2025 Ocean | EBITDA decreases driven by rate deterioration, partly offset by higher volumes, reduced bunker prices and the timing effect of rates
Slide 15: Ocean | Strong volume performance, improved unit cost
Third quarter 2025 Ocean | Strong volume performance, improved unit cost at fixed bunker and deteriorating rates • • 2,244 2,259 -0.7% 3,236 -31% 2,356 2,409 -2.2% 2,376 -0.8% 4,603 4,587 0.3% 4,362 5.5% • 3,397 3,230 5.2% 3,175 7.0% • •
Slide 16: Logistics & Services
Third quarter 2025 Development in EBIT (USDm) and EBIT margin (%) Logistics & Services 250 200 150 100 • 50 0 • • USDm Q3 ’25 Q2 ‘25 QoQ % Q3 ’24 YoY % •
Slide 17: Logistics & Services | Revenue and profitability improvement
Third quarter 2025 Logistics & Services | Revenue and profitability improvement driven by “Fulfilled by Maersk” • Freight Management • to 22.6% (24.2%). Margin • decline driven by Lead Logistics from • weakness in China to US volumes • • Fulfilment Services • EBITA margin • • • • • Transport Service
Slide 18: Terminals
Third quarter 2025 Development in EBIT (USDm) and EBIT margin (%) Terminals 600 40% 35% 500 • 30% 400 25% 300 20% 15% 200 10% • 100 5% 0 0% • • USDm • • •
Slide 19: Terminals | Strong performance driven by an improved top line
Third quarter 2025 Terminals | Strong performance driven by an improved top line 550 500 450 400 350 300 250 200 150 100 50 0
Slide 20: Questions and answers
Questions and answers To ask a question, please press “*1” Reminder: ONE question per turn
Slide 21: Final remarks
Final remarks * Strong execution in Q3 translating to strong Q3 results * Good performance in all segments, Ocean specifically through higher volumes and Gemini cost savings * APMM continues to focus on cost, productivity and quality of service * FY25 guidance refined on the back of strong financial
Slide 22: Appendix
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Slide 23: Financial highlights Q3 2025
Financial highlights Q3 2025
Slide 24: Consolidated financial information
Consolidated financial information
Slide 25: Consolidated financial information
Consolidated financial information
Slide 26: Balance sheet and capital allocation
Balance sheet and capital allocation
Slide 27: IR Contact Information & Financial Calendar
IR Contact Information & Financial Calendar