Maersk delivered a profit of US$4.0bn in 2012, higher it's own projections in November last year.

Maersk, she world biggest shipping line, delivered a profit of US$4.0bn in 2012, approximately US$300,000m higher than the company’s own projections in November last year.  Its Return on Invested Capital (ROIC) was 8.8%. 

“We are satisfied with our result for the year,” said the company’s CEO Nils Smedegaard Andersen. “After a difficult start, Maersk Line improved its performance and the Group achieved a result above last year’s, both in terms of net result and in underlying performance. We continued our push towards building our four strategic core businesses with investments and improved results in terminals, a high level of oil exploration in Maersk Oil, securing long-term contracts for five of our seven new drilling rigs and significantly improved earnings in Maersk Line.”

Photo:  Nils Smedegaard Andersen