A.P. Møller - Mærsk A/S has published its Annual Report 2014 today, 25 February 2015.
“We are very satisfied with the result for 2014 where we achieved the highest ever profit of USD 5.2bn. Despite challenging market conditions we saw good progress in underlying performance across the Group. Maersk Line maintained its lead on the rest of the industry and APM Terminals delivered significant improvements. Maersk Drilling executed on fleet renewal programme according to plan, while Maersk Oil increased entitlement production in line with expectations. APM Shipping Services’ underlying result came in lower than expected, primarily due to the result in Damco. With our competitive businesses and healthy balance sheet the Group is well positioned to take advantage of opportunities materialising in a volatile macroeconomic environment. In the continuing efforts to focus our portfolio and share value creation with our shareholders, it has been decided to divest our Danske Bank shares," says Group CEO Nils S. Andersen.
- In the video interview (download MP4-file top right) Group CEO Nils S. Andersen comments on the result and topics like the divestment of the ownership stake in Danske Bank and the impact of the oil price on Maersk Group.