Maersk first-quarter profit beats forecasts, keeps outlook unchanged
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Shipping group Maersk reported first-quarter operating profits of $1.73 billion, exceeding analyst forecasts of $1.66 billion. The company maintained its full-year earnings guidance, projecting global container volume growth of 2% to 4%. CEO Vincent Clerc noted strong demand across regions, but the ongoing Middle East conflict has disrupted shipping routes and increased costs. The situation has forced Maersk to reroute vessels around Africa, halting previous plans to resume services through the Suez Canal, which had been impacted by regional security issues.
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