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AMKAF - Maersk Sailing Into Another Ludicrous Financial Year
A.P. Moller - Maersk A/S
Maersk had a very strong 2021, while 2022 is looking to be a repeat.
For 2023 and beyond, both management and market participants are expecting a reverse to a somewhat normal state though profit levels are expected higher than before Covid-19.
Strong income levels have allowed Maersk to finance a number of value-adding acquisitions while also shoring up the balance sheet.
The future expected profit levels improve the downside of the stock price, but the macro environment adds uncertainty.