Maersk lifts 2022 guidance on global supply chain congestion

Maersk lifts 2022 guidance on global supply chain congestion
© Reuters. FILE PHOTO: Mobile cranes prepare to stack containers at Thar Dry Port in Sanand in the western state of Gujarat, India, February 10, 2016. REUTERS/Amit Dave/

COPENHAGEN (Reuters) – Shipping group Maersk on Tuesday revised up its expectations for operating profit in 2022 and posted second-quarter revenue above a previous forecast as a result of congestion in global supply chains.

The company now expects underlying earnings before interest, taxation, depreciation and amortisation (EBITDA) of around $37 billion, up from its previous forecast of $30 billion.

Revenue in the second quarter stood at $21.7 billion, it said.

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