AP Moller-Maersk said global supply chain woes should ease in the second half of this year as the Danish container shipping group proposed a seven-fold increase in its dividend and unveiled a $1.7bn logistics acquisition.
The world’s second-largest container shipping line by capacity said revenues rose by 55 per cent to $62bn last year, while earnings before interest, tax, depreciation and amortisation tripled to a record $24bn.
Maersk said it expected supply chain problems to persist into the second quarter but that “a normalisation [should] occur early in the second half of the year”, and added that it was targeting an ebitda of $24bn again in 2022.
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